Avalon Advanced Materials (TSE:AVL) Hits New 52-Week Low – Time to Sell?

Avalon Advanced Materials Inc. (TSE:AVLGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 185940 shares. The stock had previously closed at C$0.05.

Avalon Advanced Materials Stock Performance

The company has a current ratio of 1.66, a quick ratio of 2.13 and a debt-to-equity ratio of 5.71. The firm’s fifty day moving average is C$0.05 and its 200 day moving average is C$0.06. The company has a market cap of C$28.25 million, a PE ratio of -7.00 and a beta of 1.86.

About Avalon Advanced Materials

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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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