Avanti Helium (CVE:AVN) Shares Up 31.8% – Here’s What Happened

Avanti Helium Corp. (CVE:AVNGet Free Report)’s stock price 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 mid-day 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 Trading Down 3.4 %

The stock has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.13. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 and a quick ratio of 1.36. The firm has a market cap of C$15.97 million, a P/E ratio of -1.24 and a beta of 0.91.

About Avanti Helium

(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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