Avalon Advanced Materials (TSE:AVL) Hits New 52-Week Low at $0.05

Shares of Avalon Advanced Materials Inc. (TSE:AVLGet Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 2568300 shares traded. The stock had previously closed at C$0.06.

Avalon Advanced Materials Price Performance

The company has a current ratio of 1.66, a quick ratio of 2.13 and a debt-to-equity ratio of 5.71. The stock has a market cap of C$31.08 million, a PE ratio of -7.00 and a beta of 1.89. The business has a 50-day moving average price of C$0.06 and a 200-day moving average price of C$0.07.

Avalon Advanced Materials Company Profile

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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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