Avanti Helium Corp. (CVE:AVN – Get Free Report)’s stock price dropped 7.3% during trading on Wednesday . The stock traded as low as C$0.51 and last traded at C$0.51. Approximately 203,407 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 485,602 shares. The stock had previously closed at C$0.55.
Avanti Helium Stock Up 8.0%
The company has a market capitalization of C$69.53 million, a PE ratio of -11.49 and a beta of -2.07. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.05 and a quick ratio of 1.36. The company has a 50-day moving average of C$0.47 and a two-hundred day moving average of C$0.43.
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. in August 2022. Avanti Helium Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
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