Avanti Helium (CVE:AVN) Stock Price Up 25% – Here’s What Happened

Avanti Helium Corp. (CVE:AVNGet Free Report) traded up 25% during mid-day trading on Monday . The stock traded as high as C$0.12 and last traded at C$0.10. 362,093 shares changed hands during trading, an increase of 227% from the average session volume of 110,583 shares. The stock had previously closed at C$0.08.

Avanti Helium Trading Up 25.0 %

The stock has a market cap of C$9.68 million, a P/E ratio of -0.77 and a beta of 0.91. The company has a current ratio of 0.17, a quick ratio of 1.36 and a debt-to-equity ratio of 0.99. The business’s fifty day simple moving average is C$0.12 and its 200 day simple moving average is C$0.17.

Avanti Helium Company Profile

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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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