Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 116082 shares trading hands. The stock had previously closed at C$0.04.
Avalon Advanced Materials Trading Down 12.5 %
The firm’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.05. 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 firm has a market cap of C$19.78 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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