Avalon Advanced Materials (TSE:AVL) Trading Down 11.1% – What’s Next?

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report)’s share price traded down 11.1% on Monday . The stock traded as low as C$0.04 and last traded at C$0.04. 176,185 shares were traded during mid-day trading, a decline of 13% from the average session volume of 202,848 shares. The stock had previously closed at C$0.05.

Avalon Advanced Materials Trading Down 6.3 %

The stock has a market cap of C$21.19 million, a P/E ratio of -7.00 and a beta of 1.86. The firm’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.06. The company has a debt-to-equity ratio of 5.71, a current ratio of 1.66 and a quick ratio of 2.13.

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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