Avalon Advanced Materials (TSE:AVL) Stock Price Down 10% – Time to Sell?

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report) traded down 10% during mid-day trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 308,125 shares were traded during mid-day trading, an increase of 66% from the average session volume of 185,298 shares. The stock had previously closed at C$0.05.

Avalon Advanced Materials Trading Down 10.0 %

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 cap of C$25.43 million, a P/E ratio of -7.00 and a beta of 1.86. The company’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06.

Avalon Advanced Materials Company Profile

(Get Free Report)

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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