Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.05 and traded as high as C$0.06. Avalon Advanced Materials shares last traded at C$0.06, with a volume of 2,200 shares traded.
Avalon Advanced Materials Stock Performance
The firm’s 50 day moving average price is C$0.05 and its 200-day moving average price is C$0.06. The company has a debt-to-equity ratio of 5.71, a current ratio of 1.66 and a quick ratio of 2.13. The stock has a market cap of C$33.90 million, a P/E ratio of -7.00 and a beta of 1.86.
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.
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