Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s stock price fell 11.1% during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04. 176,185 shares were traded during mid-day trading, a decline of 13% from the average session volume of 202,848 shares. The stock had previously closed at C$0.05.
Avalon Advanced Materials Price Performance
The firm’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.06. The company has a quick ratio of 2.13, a current ratio of 1.66 and a debt-to-equity ratio of 5.71. The company has a market capitalization of C$21.19 million, a PE ratio of -7.00 and a beta of 1.86.
Avalon Advanced Materials Company Profile
Avalon Advanced Materials Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of rare metal and mineral properties primarily in Canada. The company focuses on exploring lithium, tantalum, cesium, indium, gallium, germanium, tin, yttrium, and zirconium deposits, as well as rare earth elements.
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