Avalon Advanced Materials (TSE:AVL) Hits New 1-Year Low at $0.05

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 70700 shares traded. The stock had previously closed at C$0.06.

Avalon Advanced Materials Stock Performance

The firm’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07. The company has a quick ratio of 2.13, a current ratio of 1.66 and a debt-to-equity ratio of 5.71. The firm has a market capitalization of C$28.25 million, a PE ratio of -7.00 and a beta of 1.89.

About Avalon Advanced Materials

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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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