Avalon Advanced Materials (TSE:AVL) Sets New 1-Year Low at $0.06

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 65778 shares trading hands. The stock had previously closed at C$0.06.

Avalon Advanced Materials Price Performance

The company has a current ratio of 0.50, a quick ratio of 2.13 and a debt-to-equity ratio of 3.12. The stock has a market capitalization of C$31.07 million, a P/E ratio of -6.00 and a beta of 1.18. The stock’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.08.

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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