Avanti Helium (CVE:AVN) Stock Price Up 31.8% – Still a Buy?

Avanti Helium Corp. (CVE:AVNGet Free Report)’s stock price rose 31.8% on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 569,915 shares were traded 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 Stock Performance

The company has a market cap of C$16.54 million, a PE ratio of -1.29 and a beta of 0.91. 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 business’s fifty day moving average is C$0.12 and its 200-day moving average is C$0.13.

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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