Shares of Avalon Advanced Materials Inc (TSE:AVL) hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 156000 shares traded. The stock had previously closed at C$0.05.
The firm’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.06. The company has a market cap of $12.73 million and a price-to-earnings ratio of -3.75. The company has a current ratio of 1.15, a quick ratio of 0.51 and a debt-to-equity ratio of 0.96.
Avalon Advanced Materials Company Profile (TSE:AVL)
Avalon Advanced Materials Inc, together with its subsidiaries, engages in the exploration and development of mineral properties primarily in Canada. The company focuses on rare metals and minerals, including lithium, tantalum, niobium, cesium, indium, gallium, germanium, rare earth elements, yttrium, and zirconium, as well as tin.
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