Avalon Advanced Materials (TSE:AVL) Share Price Passes Above 50 Day Moving Average of $0.14

Avalon Advanced Materials Inc. (TSE:AVL – Get Rating)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.14 and traded as high as C$0.14. Avalon Advanced Materials shares last traded at C$0.13, with a volume of 380,336 shares changing hands.

Avalon Advanced Materials Stock Performance

The stock has a market cap of C$55.83 million, a P/E ratio of -13.00 and a beta of 1.12. The stock has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.14. The company has a quick ratio of 2.13, a current ratio of 3.02 and a debt-to-equity ratio of 3.02.

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.