Shares of Avanti Helium Corp. (CVE:AVN – Get Free Report) shot up 4.2% during trading on Thursday . The company traded as high as C$0.39 and last traded at C$0.37. 59,013 shares were traded during mid-day trading, a decline of 50% from the average session volume of 119,095 shares. The stock had previously closed at C$0.36.
Avanti Helium Stock Performance
The company has a market cap of C$30.19 million, a price-to-earnings ratio of -4.50 and a beta of 1.33. The company has a current ratio of 0.13, a quick ratio of 1.36 and a debt-to-equity ratio of 0.57. The stock’s fifty day simple moving average is C$0.42 and its 200 day simple moving average is C$0.45.
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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