Avalon Advanced Materials (TSE:AVL) Share Price Passes Above Fifty Day Moving Average of $0.06

Avalon Advanced Materials Inc (TSE:AVL)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.06 and traded as high as $0.06. Avalon Advanced Materials shares last traded at $0.05, with a volume of 434,325 shares.

The stock has a market capitalization of $20.24 million and a P/E ratio of -3.75. The firm’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.05. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.19 and a current ratio of 2.28.

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.

See Also: What are popular range trading strategies?

Receive News & Ratings for Avalon Advanced Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avalon Advanced Materials and related companies with MarketBeat.com's FREE daily email newsletter.