Avanti Helium (CVE:AVN) Trading Down 13% – Should You Sell?

Avanti Helium Corp. (CVE:AVNGet Free Report)’s share price traded down 13% during mid-day trading on Saturday . The company traded as low as C$0.10 and last traded at C$0.10. 189,134 shares traded hands during trading, a decline of 5% from the average session volume of 198,740 shares. The stock had previously closed at C$0.12.

Avanti Helium Stock Performance

The company has a market cap of C$9.68 million, a price-to-earnings ratio of -0.77 and a beta of 0.91. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.17 and a quick ratio of 1.36. The firm has a fifty day simple moving average of C$0.11 and a 200 day simple moving average of C$0.16.

Avanti Helium Company Profile

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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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