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

Shares of Avanti Helium Corp. (CVE:AVNGet Free Report) fell 13% during trading on Saturday . The company traded as low as C$0.10 and last traded at C$0.10. 189,134 shares traded hands 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 Stock Performance

The company has a quick ratio of 1.36, a current ratio of 0.17 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of C$9.68 million, a PE ratio of -0.77 and a beta of 0.91. The firm’s 50-day moving average price is C$0.11 and its two-hundred day moving average price is C$0.16.

Avanti Helium Company Profile

(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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