Avanti Helium (CVE:AVN) Stock Price Down 13% – What’s Next?

Shares of Avanti Helium Corp. (CVE:AVNGet Free Report) traded down 13% during trading on Saturday . The stock traded as low as C$0.10 and last traded at C$0.10. 189,134 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 198,740 shares. The stock had previously closed at C$0.12.

Avanti Helium Price Performance

The company has a market capitalization of C$9.68 million, a price-to-earnings ratio of -0.77 and a beta of 0.91. The company has a fifty day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.16. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.17.

About Avanti Helium

(Get Free Report)

Avanti Helium Corp. acquires, explores, and develops helium projects in Canada and the United States. The company's principal project is its 100% owned Greater Knappen Project, which covers an area of approximately 70,140 acres located in the Southern Alberta and Northwestern Montana. The company was formerly known as Avanti Energy Inc and changed its name to Avanti Helium Corp.

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