Avanti Helium (CVE:AVN) Shares Down 13% – Should You Sell?

Shares of Avanti Helium Corp. (CVE:AVNGet Free Report) were down 13% on Saturday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 189,134 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 198,740 shares. The stock had previously closed at C$0.12.

Avanti Helium Stock Performance

The company has a quick ratio of 1.36, a current ratio of 0.17 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average of C$0.11 and a 200-day moving average of C$0.16. The company has a market cap of C$9.68 million, a PE ratio of -0.77 and a beta of 0.91.

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.

Recommended Stories

Receive News & Ratings for Avanti Helium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avanti Helium and related companies with MarketBeat.com's FREE daily email newsletter.