Avanti Helium Corp. (V:AVN)
Business Focus: Oil & Gas Exploration and Production (NEC)
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
| Company Contact | |
| Address: | 400-750 11 St Sw CALGARY AB T2P 3N7 |
| Tel: | N/A |
| Website: | https://avantihelium.com |
| IR: | See website |
| Key People | ||
| Robin Gamley President, Director | Chris Bakker Chief Executive Officer, Director | Brad Paterson Chief Financial Officer, Corporate Secretary |
| Cam Buss Vice President - Operations | Genga Nadaraju Vice President - Subsurface Geology, Director | Ali Esmail Vice President - Engineering | Jim Wood Director - Geoscience |
| Business Overview |
| Avanti Helium Corp. is a Canada-based gas exploration company. The Company is focused on helium exploration and development resources across Western Canada and the United States. Its projects include Greater Knappen Project and Leader Project. The Greater Knappen Project has identified key areas for helium exploration in Southern Alberta and Montana. The project covers an area of approximately 78,000 acres of prospective helium acreage within the Greater Knappen area. The asset has multiple helium target intervals in Devonian and Cambrian. The Leader project area, located in southwest Saskatchewan, contains three helium exploration permits for a total of approximately 63,000 acres. The permits were identified and acquired, based on the Company's detailed geological models and technical assessment. Its targeted zones are the Devonian Souris River and Cambrian Deadwood SS with known helium concentrations up to 1.4% and nitrogen up to approximately 98%. |
| Financial Overview |
| For the nine months ended 30 September 2023, Avanti Helium Corp revenues was not reported. Net loss decreased 38% to C$4.3M. Lower net loss reflects acquisition, exploration and evaluation segment loss decrease of 31% to C$2.7M. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.13 to -C$0.06. |
| Employees: | 7 as of Dec 31, 2022 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $31.18M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
| EBITDA (TTM): | -$5.46M as of Sep 30, 2023 |
| Net annual income (TTM): | -$5.94M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$14.42M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 92,214,424 as of Apr 22, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
