Avalon Rare Metals Inc. (OTCMKTS:AVLNF) Sees Large Decline in Short Interest

Avalon Rare Metals Inc. (OTCMKTS:AVLNF) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 82,200 shares, a decline of 35.2% from the August 31st total of 126,900 shares. Based on an average daily volume of 477,300 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 477,300 shares, the short-interest ratio is presently 0.2 days.

Avalon Rare Metals Price Performance

OTCMKTS:AVLNF opened at $0.04 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.42 and a current ratio of 0.42. The stock’s 50-day moving average is $0.03 and its 200-day moving average is $0.03. Avalon Rare Metals has a 1-year low of $0.01 and a 1-year high of $0.05.

Avalon Rare Metals Company Profile

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.