Avanti Helium Corp. (CVE:AVN – Get Free Report)’s share price shot up 30% on Saturday . The stock traded as high as C$0.27 and last traded at C$0.26. 1,104,999 shares were traded during mid-day trading, an increase of 651% from the average session volume of 147,094 shares. The stock had previously closed at C$0.20.
Avanti Helium Trading Up 30.0%
The company has a 50 day simple moving average of C$0.12 and a 200 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$29.65 million, a PE ratio of -5.20 and a beta of 0.38.
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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