Shares of Avanti Helium Corp. (CVE:AVN – Get Free Report) rose 25% during trading on Tuesday . The stock traded as high as C$0.12 and last traded at C$0.10. Approximately 362,093 shares changed hands during mid-day trading, an increase of 227% from the average daily volume of 110,647 shares. The stock had previously closed at C$0.08.
Avanti Helium Trading Up 25.0 %
The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.17. The firm’s fifty day simple moving average is C$0.12 and its 200-day simple moving average is C$0.17. The stock has a market cap of C$9.68 million, a P/E ratio of -0.77 and a beta of 0.91.
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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