Avalon Advanced Materials (TSE:AVL) Sets New 12-Month Low at $0.07

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 128662 shares changing hands. The stock had previously closed at C$0.08.

Avalon Advanced Materials Stock Down 6.3 %

The company has a market cap of C$42.03 million, a price-to-earnings ratio of -7.50 and a beta of 1.22. The company has a current ratio of 0.97, a quick ratio of 2.13 and a debt-to-equity ratio of 2.36. The stock has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.10.

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.

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