Avanti Helium (CVE:AVN) Stock Price Up 31.8% – Time to Buy?

Avanti Helium Corp. (CVE:AVNGet Free Report) shares shot up 31.8% on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. 569,915 shares traded hands during trading, an increase of 545% from the average session volume of 88,397 shares. The stock had previously closed at C$0.11.

Avanti Helium Price Performance

The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.16. The firm’s fifty day moving average is C$0.12 and its two-hundred day moving average is C$0.13. The company has a market cap of C$16.54 million, a P/E ratio of -1.29 and a beta of 0.91.

About Avanti Helium

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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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