Avalon Advanced Materials (TSE:AVL) Hits New 1-Year Low – Should You Sell?

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 31883 shares trading hands. The stock had previously closed at C$0.05.

Avalon Advanced Materials Price Performance

The stock’s 50 day moving average price is C$0.05 and its two-hundred 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 firm has a market capitalization of C$24.02 million, a price-to-earnings ratio of -7.00 and a beta of 1.86.

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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