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

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 87000 shares. The stock had previously closed at C$0.08.

Avalon Advanced Materials Stock Performance

The company has a debt-to-equity ratio of 2.36, a quick ratio of 2.13 and a current ratio of 0.97. 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 firm’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09.

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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