Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 45715 shares trading hands. The stock had previously closed at C$0.05.
Avalon Advanced Materials Trading Down 10.0 %
The business’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. The company has a debt-to-equity ratio of 5.71, a quick ratio of 2.13 and a current ratio of 1.66. The company has a market capitalization of C$25.43 million, a price-to-earnings ratio of -7.00 and a beta of 1.89.
About Avalon Advanced Materials
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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