Avanti Helium (CVE:AVN) Trading Down 3.1% – Time to Sell?

Avanti Helium Corp. (CVE:AVNGet Free Report) shares were down 3.1% on Monday . The stock traded as low as C$0.15 and last traded at C$0.16. Approximately 189,930 shares changed hands during mid-day trading, an increase of 87% from the average daily volume of 101,553 shares. The stock had previously closed at C$0.16.

Avanti Helium Stock Up 10.0 %

The company’s fifty day simple moving average is C$0.18 and its 200-day simple moving average is C$0.23. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.17 and a quick ratio of 1.36. The firm has a market capitalization of C$15.97 million, a PE ratio of -1.27 and a beta of 0.91.

Avanti Helium (CVE:AVNGet Free Report) last announced its earnings results on Friday, August 30th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, analysts forecast that Avanti Helium Corp. will post 0.0252443 EPS for the current year.

Avanti Helium Company Profile

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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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