Avanti Helium Corp. (CVE:AVN – Get Free Report) dropped 13% during mid-day trading on Friday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 102,634 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 142,990 shares. The stock had previously closed at C$0.12.
Avanti Helium Stock Down 13.0 %
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 company’s 50-day moving average price is C$0.11 and its 200 day moving average price is C$0.16. The stock has a market capitalization of C$9.68 million, a P/E ratio of -0.77 and a beta of 0.91.
About Avanti Helium
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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