Avanti Helium (CVE:AVN) Shares Up 31.8% – Should You Buy?

Avanti Helium Corp. (CVE:AVNGet Free Report) shares rose 31.8% during mid-day trading 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 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 has a quick ratio of 1.36, a current ratio of 0.16 and a debt-to-equity ratio of 0.99. The company’s fifty day moving average is C$0.12 and its 200 day moving average is C$0.13. The stock has a market cap of C$15.97 million, a PE ratio of -1.24 and a beta of 0.91.

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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