Avanti Helium (CVE:AVN) Stock Price Down 9.1% – Should You Sell?

Avanti Helium Corp. (CVE:AVNGet Free Report) traded down 9.1% during trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. 126,648 shares were traded during trading, an increase of 14% from the average session volume of 111,213 shares. The stock had previously closed at C$0.11.

Avanti Helium Stock Performance

The business’s fifty day moving average is C$0.11 and its two-hundred day moving average is C$0.16. The stock has a market capitalization of C$9.68 million, a PE ratio of -0.77 and a beta of 0.91. The company has a quick ratio of 1.36, a current ratio of 0.17 and a debt-to-equity ratio of 0.99.

Avanti Helium Company Profile

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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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