Avanti Helium (CVE:AVN) Trading Up 12.4% – Time to Buy?

Shares of Avanti Helium Corp. (CVE:AVNGet Free Report) were up 12.4% during trading on Wednesday . The stock traded as high as C$0.50 and last traded at C$0.50. Approximately 229,367 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 604,508 shares. The stock had previously closed at C$0.45.

Avanti Helium Price Performance

The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.36 and a current ratio of 1.05. The company has a market cap of C$65.53 million, a PE ratio of -10.20 and a beta of -1.39. The company’s 50-day simple moving average is C$0.51 and its 200 day simple moving average is C$0.32.

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. in August 2022. Avanti Helium Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.

Featured Articles

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.