Avanti Helium (CVE:AVN) Stock Price Down 13% – What’s Next?

Avanti Helium Corp. (CVE:AVNGet Free Report) traded down 13% on Friday . The company traded as low as C$0.10 and last traded at C$0.10. 102,634 shares were traded during mid-day trading, a decline of 34% from the average session volume of 155,490 shares. The stock had previously closed at C$0.12.

Avanti Helium Trading Down 13.0 %

The firm has a market capitalization of C$9.68 million, a PE ratio of -0.77 and a beta of 0.91. 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 company has a fifty day moving average of C$0.11 and a 200-day moving average of C$0.16.

Avanti Helium Company Profile

(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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