Shares of Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) traded down 11.1% during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. 176,185 shares were traded during 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 Stock Performance
The stock’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 quick ratio of 2.13 and a current ratio of 1.66. The company has a market capitalization of C$22.60 million, a price-to-earnings 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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