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

Avanti Helium Corp. (CVE:AVNGet Free Report) traded down 13% during trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. 189,134 shares were traded 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 Trading Down 13.0 %

The company has a quick ratio of 1.36, a current ratio of 0.17 and a debt-to-equity ratio of 0.99. The business’s fifty day moving average is C$0.11 and its 200 day moving average is C$0.16. The stock has a market cap of C$9.68 million, a PE ratio of -0.77 and a beta of 0.91.

Avanti Helium Company Profile

(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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