Avanti Helium Corp. (CVE:AVN – Get Free Report)’s stock price rose 41.9% during mid-day trading on Tuesday . The company traded as high as C$0.23 and last traded at C$0.22. Approximately 867,275 shares were traded during trading, an increase of 507% from the average daily volume of 142,941 shares. The stock had previously closed at C$0.16.
Avanti Helium Stock Up 41.9%
The business has a 50-day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.11. 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 company has a market capitalization of C$25.09 million, a price-to-earnings ratio of -1.95 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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