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

Shares of Avalon Advanced Materials Inc. (OTCMKTS:AVLNFGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.02 and traded as high as $0.02. Avalon Advanced Materials shares last traded at $0.02, with a volume of 309,500 shares traded.

Avalon Advanced Materials Trading Down 2.8 %

The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.83 and a current ratio of 0.83. The firm’s 50-day simple moving average is $0.02 and its two-hundred day simple moving average is $0.03.

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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