Avanti Helium Corp. (CVE:AVN – Get Free Report) shares rose 31.8% on Friday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 569,915 shares changed hands during mid-day trading, an increase of 545% from the average daily volume of 88,397 shares. The stock had previously closed at C$0.11.
Avanti Helium Price Performance
The company’s fifty day moving average price is C$0.12 and its two-hundred day moving average price is C$0.13. The company has a quick ratio of 1.36, a current ratio of 0.16 and a debt-to-equity ratio of 0.99. The company has a market cap of C$15.97 million, a price-to-earnings ratio of -1.24 and a beta of 0.91.
Avanti Helium Company Profile
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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