Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s stock price traded down 14.3% during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. 714,050 shares changed hands during mid-day trading, an increase of 466% from the average session volume of 126,127 shares. The stock had previously closed at C$0.07.
Avalon Advanced Materials Stock Performance
The company has a debt-to-equity ratio of 3.12, a quick ratio of 2.13 and a current ratio of 0.50. The company has a market cap of C$36.71 million, a P/E ratio of -6.50 and a beta of 1.17. The stock’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.09.
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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