Shares of Avanti Helium Corp. (CVE:AVN – Get Free Report) dropped 13% during mid-day trading on Saturday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 189,134 shares traded hands during trading, a decline of 5% from the average daily volume of 198,740 shares. The stock had previously closed at C$0.12.
Avanti Helium Price Performance
The stock’s fifty day moving average price is C$0.11 and its 200-day moving average price is C$0.16. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.17 and a quick ratio of 1.36. The firm has a market cap of C$9.68 million, a price-to-earnings ratio of -0.77 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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