Avanti Helium (CVE:AVN) Stock Price Down 9.1% – Time to Sell?

Avanti Helium Corp. (CVE:AVN)’s stock price dropped 9.1% during mid-day trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 126,648 shares traded hands during mid-day trading, an increase of 14% from the average daily volume of 111,213 shares. The stock had previously closed at C$0.11.

Avanti Helium Trading Down 9.1 %

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

Avanti Helium Company Profile

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.