Avanti Helium (CVE:AVN) Shares Up 25% – Should You Buy?

Avanti Helium Corp. (CVE:AVNGet Free Report)’s stock price traded up 25% on Tuesday . The company traded as high as C$0.12 and last traded at C$0.10. 362,093 shares traded hands during mid-day trading, an increase of 227% from the average session volume of 110,647 shares. The stock had previously closed at C$0.08.

Avanti Helium Stock Up 25.0 %

The firm has a market cap of C$9.68 million, a P/E ratio of -0.77 and a beta of 0.91. The firm’s 50 day moving average is C$0.12 and its two-hundred day moving average is C$0.17. The company has a current ratio of 0.17, a quick ratio of 1.36 and a debt-to-equity ratio of 0.99.

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.

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