Avanti Helium Corp. (CVE:AVN – Get Free Report) fell 13% during trading on Saturday . The company traded as low as C$0.10 and last traded at C$0.10. 189,134 shares were traded during mid-day trading, a decline of 5% from the average session volume of 198,740 shares. The stock had previously closed at C$0.12.
Avanti Helium Price Performance
The stock’s 50-day moving average price is C$0.11 and its 200 day moving average price is C$0.16. The company has a quick ratio of 1.36, a current ratio of 0.17 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of C$9.68 million, a price-to-earnings 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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