Very impressed from an operational standpoint. Market has oversold stock. Drilled wells that have been successful (top 3 in North America). Recent fundraising cancelled due to weak share price. Drilling program is risky. Complex financing strategy has put pressure on the share price. Continues to hold shares and likes the company.
Believes that demand for Helium will continue to increase. Existing management team has quality experience. Last well was most successful in North America (have 5 more wells planned in the same area). Major upside for shareholders if wells are successful.
Many different applications of helium. Partnering with a team from Encana. In Canada and US. Looking for them to start drilling and producing helium. Helium regulations are changing come September and will provide a huge opportunity. No dividend.
Avanti Energy is a Canadian stock, trading under the symbol AVN-X on the TSX Venture Exchange (AVN-CV). It is usually referred to as TSXV:AVN or AVN-X
In the last year, 7 stock analysts published opinions about AVN-X. 6 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Avanti Energy.
Avanti Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for Avanti Energy.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
7 stock analysts on Stockchase covered Avanti Energy In the last year. It is a trending stock that is worth watching.
On 2023-06-09, Avanti Energy (AVN-X) stock closed at a price of $0.475.