Avanti Helium Corp. (CVE:AVN – Get Free Report)’s share price was up 30% on Saturday . The stock 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 Trading Up 30.0%
The stock 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 has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.16. The company’s 50 day simple moving average is C$0.12 and its two-hundred 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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