Avalon Advanced Materials (TSE:AVL) Hits New 1-Year Low – Here’s Why

by · The Markets Daily

Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 31883 shares trading hands. The stock had previously closed at C$0.05.

Avalon Advanced Materials Stock Performance

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 business has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.06. The company has a market cap of C$25.43 million, a P/E ratio of -7.00 and a beta of 1.86.

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.

Featured Stories