Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s share price fell 12.5% during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 114,000 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 211,120 shares. The stock had previously closed at C$0.04.
Avalon Advanced Materials Price Performance
The company has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.05. 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 stock has a market capitalization of C$19.78 million, a PE 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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