Avalon Advanced Materials (TSE:AVL) Sets New 1-Year Low at $0.07

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 332708 shares. The stock had previously closed at C$0.07.

Avalon Advanced Materials Stock Performance

The business has a 50 day moving average of C$0.08 and a 200-day moving average of C$0.09. 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 firm has a market capitalization of C$39.23 million, a P/E ratio of -7.00 and a beta of 1.22.

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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