Avanti Helium Corp. (CVE:AVN – Get Free Report) rose 30% during trading on Saturday . The company traded as high as C$0.27 and last traded at C$0.26. Approximately 1,104,999 shares were traded 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 Stock Up 30.0%
The company has a current ratio of 0.16, a quick ratio of 1.36 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of C$29.65 million, a P/E ratio of -5.20 and a beta of 0.38. The stock’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is 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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