Avanti Helium (CVE:AVN) Shares Down 15.4%

Avanti Helium Corp. (CVE:AVNGet Free Report) dropped 15.4% on Thursday . The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 268,822 shares traded hands during mid-day trading, an increase of 159% from the average daily volume of 103,979 shares. The stock had previously closed at C$0.20.

Avanti Helium Stock Performance

The company has a debt-to-equity ratio of 0.97, a current ratio of 0.64 and a quick ratio of 1.36. The firm has a fifty day moving average price of C$0.25 and a two-hundred day moving average price of C$0.37. The stock has a market capitalization of C$15.38 million, a PE ratio of -1.10 and a beta of 1.25.

Avanti Helium (CVE:AVNGet Free Report) last issued its quarterly earnings results on Friday, April 26th. The company reported C($0.09) earnings per share for the quarter. Research analysts expect that Avanti Helium Corp. will post 0.0700483 EPS for the current year.

Avanti Helium Company Profile

(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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