Avanti Helium (CVE:AVN) Stock Price Up 31.8% – Time to Buy?

Shares of Avanti Helium Corp. (CVE:AVN) were up 31.8% on Friday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 569,915 shares changed hands during mid-day trading, an increase of 545% from the average daily volume of 88,397 shares. The stock had previously closed at C$0.11.

Avanti Helium Stock Up 31.8 %

The stock has a fifty day moving average price of C$0.12 and a two-hundred day moving average price of C$0.13. The company has a market cap of C$16.54 million, a P/E ratio of -1.29 and a beta of 0.91. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 and a quick ratio of 1.36.

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.