Avanti Helium (CVE:AVN) Trading Down 13% – Here’s What Happened

Avanti Helium Corp. (CVE:AVNGet Free Report)’s share price fell 13% during trading on Friday . The company traded as low as C$0.10 and last traded at C$0.10. 189,134 shares were traded during trading, a decline of 5% from the average session volume of 198,740 shares. The stock had previously closed at C$0.12.

Avanti Helium Price Performance

The stock’s 50 day moving average is C$0.11 and its two-hundred day moving average is C$0.16. 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 stock has a market capitalization of C$9.68 million, a PE ratio of -0.77 and a beta of 0.91.

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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