Avanti Helium (CVE:AVN) Trading Down 13% – What’s Next?

Avanti Helium Corp. (CVE:AVNGet Free Report)’s stock price fell 13% during mid-day trading on Saturday . The stock traded as low as C$0.10 and last traded at C$0.10. 189,134 shares traded hands 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 company has a market capitalization of C$9.68 million, a price-to-earnings ratio of -0.77 and a beta of 0.91. The business has a fifty day moving average price of C$0.11 and a 200 day moving average price of C$0.16. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.17 and a quick ratio of 1.36.

About Avanti Helium

(Get Free Report)

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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