Avanti Helium Corp. (CVE:AVN – Get Free Report) shares dropped 9.1% on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 126,648 shares changed hands during mid-day trading, an increase of 14% from the average daily volume of 111,213 shares. The stock had previously closed at C$0.11.
Avanti Helium Price Performance
The firm has a market capitalization of C$9.68 million, a P/E ratio of -0.77 and a beta of 0.91. 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’s 50 day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.16.
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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