Avalon Advanced Materials (TSE:AVL) Hits New 12-Month Low – Here’s What Happened

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report) shares hit a new 52-week low on Monday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 71266 shares trading hands. The stock had previously closed at C$0.05.

Avalon Advanced Materials Stock Performance

The company has a market cap of C$22.60 million, a price-to-earnings ratio of -7.00 and a beta of 1.86. The stock’s fifty day simple moving average is C$0.05 and its two-hundred day simple moving average 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.

Avalon Advanced Materials Company Profile

(Get Free Report)

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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