Avanti Helium (CVE:AVN) Trading Up 31.8% – Still a Buy?

Avanti Helium Corp. (CVE:AVNGet Free Report)’s stock price traded 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 stock has a market cap of C$15.97 million, a PE ratio of -1.24 and a beta of 0.91. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 and a quick ratio of 1.36. The firm’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.13.

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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