Avanti Helium (CVE:AVN) Stock Price Down 13% – What’s Next?

Avanti Helium Corp. (CVE:AVNGet Free Report) was down 13% during trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 189,134 shares changed 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 Price Performance

The stock has a market cap 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 business’s fifty day moving average price is C$0.11 and its 200 day moving average price is C$0.16.

About Avanti Helium

(Get Free Report)

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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