Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) shares were down 12.5% on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 650,523 shares traded hands during mid-day trading, an increase of 487% from the average daily volume of 110,799 shares. The stock had previously closed at C$0.08.
Avalon Advanced Materials Trading Down 6.3 %
The company has a market cap of C$42.03 million, a P/E ratio of -7.50 and a beta of 1.22. The company has a quick ratio of 2.13, a current ratio of 0.97 and a debt-to-equity ratio of 2.36. The firm’s 50-day moving average price is C$0.08 and its 200-day moving average price is C$0.10.
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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