Shares of Avanti Helium Corp. (CVE:AVN – Get 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. 102,634 shares traded hands during trading, a decline of 28% from the average session volume of 142,990 shares. The stock had previously closed at C$0.12.
Avanti Helium Price Performance
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 company has a 50 day moving average of C$0.11 and a 200-day moving average of C$0.16. The stock has a market capitalization of C$9.68 million, a P/E ratio of -0.77 and a beta of 0.91.
About Avanti Helium
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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