Avanti Helium (CVE:AVN) Trading 31.8% Higher – Time to Buy?

Avanti Helium Corp. (CVE:AVNGet Free Report) shares traded up 31.8% during mid-day trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. 569,915 shares traded hands during trading, an increase of 545% from the average session volume of 88,397 shares. The stock had previously closed at C$0.11.

Avanti Helium Stock Performance

The firm has a 50 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 quick ratio of 1.36 and a current ratio of 0.16. The company has a market cap of C$16.54 million, a P/E ratio of -1.29 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.

Further Reading

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