Shares of Avanti Helium Corp. (CVE:AVN – Get Free Report) traded up 9.1% during trading on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. 50,000 shares traded hands during trading, a decline of 42% from the average session volume of 85,640 shares. The stock had previously closed at C$0.11.
Avanti Helium Stock Up 4.2 %
The stock has a 50 day moving average price of C$0.11 and a 200 day moving average price of C$0.13. The stock has a market capitalization of C$14.26 million, a price-to-earnings ratio of -1.11 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.
About Avanti Helium
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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