Avanti Helium Corp. (CVE:AVN – Get Free Report)’s share price shot up 16.3% on Tuesday . The company traded as high as C$0.27 and last traded at C$0.25. 357,416 shares were traded during trading, an increase of 43% from the average session volume of 249,551 shares. The stock had previously closed at C$0.22.
Avanti Helium Stock Performance
The stock has a 50-day moving average price of C$0.21 and a 200 day moving average price of C$0.22. The firm has a market cap of C$31.26 million, a PE ratio of -6.50 and a beta of 1.36. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 and a quick ratio of 1.36.
Avanti Helium Company Profile
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. in August 2022. Avanti Helium Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
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