Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s stock price fell 9.1% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 901,395 shares traded hands during trading, an increase of 363% from the average session volume of 194,857 shares. The stock had previously closed at C$0.06.
Avalon Advanced Materials Stock Down 9.1 %
The stock has a market capitalization of C$28.25 million, a P/E ratio of -7.00 and a beta of 1.89. The firm’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07. The company has a debt-to-equity ratio of 5.71, a quick ratio of 2.13 and a current ratio of 1.66.
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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