Avalon Rare Metals Inc. (OTCMKTS:AVLNF) Short Interest Update

Avalon Rare Metals Inc. (OTCMKTS:AVLNF) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 19,868 shares, a drop of 93.9% from the November 30th total of 326,704 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 811,618 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 811,618 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Avalon Rare Metals Price Performance

Avalon Rare Metals stock traded down $0.00 during midday trading on Wednesday, hitting $0.04. The stock had a trading volume of 157,869 shares, compared to its average volume of 353,497. The business has a fifty day moving average price of $0.04 and a 200 day moving average price of $0.04. Avalon Rare Metals has a 12 month low of $0.01 and a 12 month high of $0.14. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.06.

About Avalon Rare Metals

Avalon Rare Metals (OTCMKTS:AVLNF) is a Canada-based mineral exploration and development company focused on the discovery and advancement of rare metals, with an emphasis on rare earth elements critical to high-tech and green energy applications. The company’s flagship project is the Nechalacho Rare Earth Elements Deposit, located approximately 100 kilometers southeast of Yellowknife in Canada’s Northwest Territories. This project is recognized for its high concentrations of key light rare earth elements such as neodymium and praseodymium, which are essential in the manufacture of permanent magnets, electric vehicles and wind turbines.

The company’s primary business activities encompass detailed exploration, resource definition drilling, metallurgical testing and environmental baseline studies.