Avanti Helium Corp. (CVE:AVN – Get Free Report) shares dropped 13% during mid-day trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 189,134 shares traded hands during trading, a decline of 5% from the average daily volume of 198,740 shares. The stock had previously closed at C$0.12.
Avanti Helium Stock Down 13.0 %
The company has a current ratio of 0.17, a quick ratio of 1.36 and a debt-to-equity ratio of 0.99. The stock has a 50 day simple moving average of C$0.11 and a 200 day simple moving average of C$0.16. The firm has a market capitalization of C$9.68 million, a PE ratio of -0.77 and a beta of 0.91.
Avanti Helium Company Profile
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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