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

Avanti Helium Corp. (CVE:AVNGet Free Report)’s stock price traded down 13% during trading on Friday . The stock 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 Price Performance

The firm has a market cap of C$9.68 million, a price-to-earnings ratio of -0.77 and a beta of 0.91. The stock’s 50-day moving average price is C$0.11 and its 200 day moving average price is C$0.16. The company has a quick ratio of 1.36, a current ratio of 0.17 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.

Further Reading

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.