Avanti Helium (CVE:AVN) Stock Price Down 13% – Here’s What Happened

Avanti Helium Corp. (CVE:AVNGet Free Report)’s stock price fell 13% during trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. 102,634 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 155,490 shares. The stock had previously closed at C$0.12.

Avanti Helium Stock Down 13.0 %

The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.17. The stock has a market cap of C$9.68 million, a price-to-earnings ratio of -0.77 and a beta of 0.91. The business’s 50 day moving average is C$0.11 and its 200 day moving average is C$0.16.

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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