Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 119700 shares changing hands. The stock had previously closed at C$0.04.
Avalon Advanced Materials Price Performance
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 stock’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.06. The firm has a market capitalization of C$22.60 million, a price-to-earnings 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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