Avanti Helium (CVE:AVN) Trading 30% Higher – What’s Next?

Avanti Helium Corp. (CVE:AVNGet Free Report) shares traded up 30% on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13. 201,626 shares were traded during mid-day trading, an increase of 82% from the average session volume of 110,738 shares. The stock had previously closed at C$0.10.

Avanti Helium Stock Up 15.0 %

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 firm has a market capitalization of C$11.13 million, a PE ratio of -0.88 and a beta of 0.91. The business’s 50-day moving average price is C$0.12 and its 200-day moving average price is C$0.17.

About Avanti Helium

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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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