Avalon Advanced Materials (TSE:AVL) Reaches New 1-Year Low at $0.04

Avalon Advanced Materials Inc (TSE:AVL)’s share price reached 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 changing hands. The stock had previously closed at C$0.05.

The firm has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.06. The firm has a market capitalization of $12.73 million and a P/E ratio of -3.75. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.15 and a quick ratio of 0.51.

About Avalon Advanced Materials (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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