Avanti Helium Corp. (CVE:AVN – Get Free Report) shares rose 30% during trading on Saturday . The stock traded as high as C$0.27 and last traded at C$0.26. Approximately 1,104,999 shares traded hands during trading, an increase of 651% from the average daily volume of 147,094 shares. The stock had previously closed at C$0.20.
Avanti Helium Price Performance
The firm has a market cap of C$29.65 million, a price-to-earnings ratio of -5.20 and a beta of 0.38. The company’s fifty day moving average is C$0.12 and its 200 day moving average is C$0.11. The company has a quick ratio of 1.36, a current ratio of 0.16 and a debt-to-equity ratio of 0.99.
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.
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