Avalon Advanced Materials (TSE:AVL) Sets New 1-Year Low – What’s Next?

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 185940 shares traded. The stock had previously closed at C$0.05.

Avalon Advanced Materials Stock Up 22.2 %

The company has a current ratio of 1.66, a quick ratio of 2.13 and a debt-to-equity ratio of 5.71. The firm has a market capitalization of C$31.08 million, a P/E ratio of -7.00 and a beta of 1.86. The stock’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06.

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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