Avanti Helium (CVE:AVN) Stock Price Up 31.8% – Should You Buy?

Avanti Helium Corp. (CVE:AVNGet Free Report)’s share price rose 31.8% on Friday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 569,915 shares traded hands during trading, an increase of 545% from the average daily volume of 88,397 shares. The stock had previously closed at C$0.11.

Avanti Helium Stock Down 3.4 %

The company has a quick ratio of 1.36, a current ratio of 0.16 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of C$15.97 million, a P/E ratio of -1.24 and a beta of 0.91. The company has a fifty day moving average price of C$0.12 and a 200-day moving average price of C$0.13.

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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