Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Sees Significant Decrease in Short Interest

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 99.9% from the October 15th total of 190,100 shares. Based on an average daily volume of 346,600 shares, the short-interest ratio is presently 0.0 days.

Avalon Advanced Materials Stock Performance

Shares of OTCMKTS:AVLNF opened at $0.03 on Thursday. The firm has a market capitalization of $17.37 million, a PE ratio of 3.02 and a beta of 1.49. Avalon Advanced Materials has a 12 month low of $0.03 and a 12 month high of $0.09. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.49 and a quick ratio of 0.49. The business has a 50-day moving average of $0.04 and a two-hundred day moving average of $0.04.

About Avalon Advanced Materials

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.