Avalon Advanced Materials (OTCMKTS:AVLNF) Stock Price Passes Below 50-Day Moving Average – What’s Next?

Avalon Advanced Materials Inc. (OTCMKTS:AVLNFGet Free Report)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.03 and traded as low as $0.03. Avalon Advanced Materials shares last traded at $0.03, with a volume of 12,369 shares traded.

Avalon Advanced Materials Stock Down 11.1 %

The stock has a market cap of $14.36 million, a P/E ratio of 2.40 and a beta of 1.42. The company has a 50-day simple moving average of $0.03 and a two-hundred day simple moving average of $0.04.

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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