Avanti Helium (CVE:AVN) Trading 31.8% Higher – Here’s Why

Avanti Helium Corp. (CVE:AVNGet Free Report) rose 31.8% during trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 569,915 shares changed hands during trading, an increase of 549% from the average daily volume of 87,794 shares. The stock had previously closed at C$0.11.

Avanti Helium Stock Performance

The company has a fifty day moving average price of C$0.12 and a 200 day moving average price of C$0.13. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 and a quick ratio of 1.36. The stock has a market cap of C$15.97 million, a P/E ratio of -1.24 and a beta of 0.91.

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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