Avanti Helium Corp. (CVE:AVN – Get Free Report)’s stock price 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 Price Performance
The company has a quick ratio of 1.36, a current ratio of 0.16 and a debt-to-equity ratio of 0.99. The company has a market cap of C$29.65 million, a PE ratio of -5.20 and a beta of 0.38. The stock has a 50-day simple moving average of C$0.12 and a 200 day simple moving average of C$0.11.
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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