Avalon Advanced Materials (OTCMKTS:AVLNF) Shares Cross Below 50-Day Moving Average – Time to Sell?

Avalon Advanced Materials Inc. (OTCMKTS:AVLNFGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.04 and traded as low as $0.03. Avalon Advanced Materials shares last traded at $0.04, with a volume of 56,510 shares trading hands.

Avalon Advanced Materials Stock Performance

The company has a fifty day simple moving average of $0.04 and a two-hundred day simple moving average of $0.05. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.03. The company has a market cap of $20.40 million, a PE ratio of 3.61 and a beta of 1.49.

Avalon Advanced Materials Company Profile

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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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