Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s share price was up 15.4% during mid-day trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 415,826 shares were traded during trading, an increase of 181% from the average daily volume of 147,832 shares. The stock had previously closed at C$0.07.
Avalon Advanced Materials Stock Down 6.3 %
The stock has a market cap of C$42.36 million, a P/E ratio of -7.50 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. The business has a 50-day simple moving average of C$0.06 and a 200-day simple moving average of C$0.08.
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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