Avanti Helium (CVE:AVN) Stock Price Up 5% – Should You Buy?

Avanti Helium Corp. (CVE:AVNGet Free Report)’s share price was up 5% on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 28,770 shares changed hands during trading, a decline of 72% from the average daily volume of 101,030 shares. The stock had previously closed at C$0.10.

Avanti Helium Stock Performance

The company’s fifty day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.15. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.17. The stock has a market capitalization of C$10.17 million, a P/E ratio of -0.81 and a beta of 0.91.

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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