Avanti Helium (CVE:AVN) Trading Down 8.3% – Time to Sell?

Shares of Avanti Helium Corp. (CVE:AVNGet Free Report) fell 8.3% on Monday . The company traded as low as C$0.11 and last traded at C$0.11. 109,000 shares were traded during mid-day trading, an increase of 30% from the average session volume of 83,894 shares. The stock had previously closed at C$0.12.

Avanti Helium Stock Performance

The company has a market cap of C$12.54 million, a price-to-earnings ratio of -0.98 and a beta of 0.91. The firm’s 50 day simple moving average is C$0.12 and its 200-day simple moving average is C$0.13. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.16.

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.

Featured Stories

Receive News & Ratings for Avanti Helium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avanti Helium and related companies with MarketBeat.com's FREE daily email newsletter.