Avanti Helium Corp. (CVE:AVN – Get Free Report) shares were up 31.8% on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 569,915 shares changed hands during mid-day trading, an increase of 545% from the average daily volume of 88,397 shares. The stock had previously closed at C$0.11.
Avanti Helium Stock Performance
The stock’s 50 day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.13. The company has a market capitalization of C$16.54 million, a P/E ratio of -1.29 and a beta of 0.91. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 and a quick ratio of 1.36.
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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