Avalon Advanced Materials (TSE:AVL) Hits New 52-Week Low at $0.06

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 173600 shares changing hands. The stock had previously closed at C$0.06.

Avalon Advanced Materials Stock Performance

The company has a debt-to-equity ratio of 3.12, a current ratio of 0.50 and a quick ratio of 2.13. The firm has a market capitalization of C$33.89 million, a PE ratio of -6.00 and a beta of 1.18. The company’s fifty day simple moving average is C$0.07 and its 200 day simple moving average is C$0.08.

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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