Avanti Helium Corp. (CVE:AVN – Get Free Report) shot up 30% during trading on Saturday . The company traded as high as C$0.27 and last traded at C$0.26. 1,104,999 shares traded hands 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 Stock Up 30.0%
The business has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.11. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 and a quick ratio of 1.36. The firm has a market capitalization of C$29.65 million, a price-to-earnings ratio of -5.20 and a beta of 0.38.
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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