Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) traded up 15.4% during mid-day trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. 415,826 shares changed hands during trading, an increase of 181% from the average session volume of 147,832 shares. The stock had previously closed at C$0.07.
Avalon Advanced Materials Trading Up 23.1 %
The company has a quick ratio of 2.13, a current ratio of 0.50 and a debt-to-equity ratio of 3.12. The company has a market capitalization of C$45.19 million, a P/E ratio of -6.50 and a beta of 1.18. The firm’s 50-day moving average price is C$0.06 and its 200 day moving average price is C$0.08.
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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