Avanti Helium Corp. (CVE:AVN – Get Free Report)’s share price shot up 31.8% on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. 569,915 shares changed hands during mid-day trading, an increase of 545% from the average session volume of 88,397 shares. The stock had previously closed at C$0.11.
Avanti Helium Price Performance
The firm has a market cap of C$15.97 million, a price-to-earnings ratio of -1.24 and a beta of 0.91. The company has a current ratio of 0.16, a quick ratio of 1.36 and a debt-to-equity ratio of 0.99. The stock’s fifty day moving average price is C$0.12 and its 200-day moving average price is C$0.13.
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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