Avanti Energy (CVE:AVN) Sets New 1-Year Low at $0.32

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Avanti Energy Inc (CVE:AVN) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.32 and last traded at C$0.32, with a volume of 1500 shares changing hands. The stock had previously closed at C$0.35.

The firm’s fifty day simple moving average is C$0.09 and its 200 day simple moving average is C$0.09. The firm has a market cap of $1.21 million and a P/E ratio of -0.91. The company has a debt-to-equity ratio of 4,975.00, a quick ratio of 3.89 and a current ratio of 3.93.

About Avanti Energy (CVE:AVN)

Avanti Energy Inc engages in the acquisition, exploration, evaluation, and development of oil and gas properties. It holds a 33.3% interest in the Colle Santo gas field located in Italy. The company was formerly known as Overlord Capital Ltd. and changed its name to Avanti Energy Inc in May 2013. Avanti Energy Inc was incorporated in 2011 and is headquartered in Vancouver, Canada.

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