Avanti Helium Corp. (CVE:AVN – Get Free Report) shares 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 mid-day 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 Performance
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 stock’s 50-day moving average is C$0.12 and its 200 day moving average is C$0.11. The firm has a market cap of C$29.65 million, a P/E 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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