Posted by admin on Aug 19th, 2022
Avalon Advanced Materials Inc. (OTCMKTS:AVLNF – Get Rating)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.09 and traded as low as $0.09. Avalon Advanced Materials shares last traded at $0.09, with a volume of 56,100 shares trading hands.
The business’s 50-day moving average is $0.09 and its two-hundred day moving average is $0.11. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.45 and a quick ratio of 2.45.
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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