Avanti Helium Corp. (CVE:AVN – Get Free Report)’s share price fell 8.3% during trading on Monday . The stock traded as low as C$0.11 and last traded at C$0.11. 109,000 shares changed hands during trading, an increase of 34% from the average session volume of 81,274 shares. The stock had previously closed at C$0.12.
Avanti Helium Stock Performance
The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.16. The stock’s fifty day moving average is C$0.12 and its two-hundred day moving average is C$0.13. The firm has a market cap of C$12.54 million, a price-to-earnings ratio of -0.98 and a beta of 0.91.
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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