Avalon Advanced Materials (TSE:AVL) Hits New 12-Month Low at $0.06

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 43101 shares trading hands. The stock had previously closed at C$0.06.

Avalon Advanced Materials Stock Down 8.3 %

The business’s fifty day moving average is C$0.07 and its two-hundred day moving average is C$0.08. The stock has a market cap of C$31.07 million, a price-to-earnings ratio of -6.00 and a beta of 1.18. The company has a quick ratio of 2.13, a current ratio of 0.50 and a debt-to-equity ratio of 3.12.

About Avalon Advanced Materials

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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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