Shares of Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) shot up 28.6% during trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 730,857 shares changed hands during trading, an increase of 257% from the average session volume of 204,705 shares. The stock had previously closed at C$0.04.
Avalon Advanced Materials Stock Up 42.9 %
The stock has a market capitalization of C$28.25 million, a P/E ratio of -7.00 and a beta of 1.86. The company has a debt-to-equity ratio of 5.71, a current ratio of 1.66 and a quick ratio of 2.13. The stock’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.06.
About Avalon Advanced Materials
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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