Avalon Advanced Materials (TSE:AVL) Stock Price Up 11.1% – Still a Buy?

Avalon Advanced Materials Inc. (TSE:AVL) traded up 11.1% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 121,700 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 208,073 shares. The stock had previously closed at C$0.05.

Avalon Advanced Materials Price Performance

The company has a debt-to-equity ratio of 5.71, a current ratio of 1.66 and a quick ratio of 2.13. The company has a market capitalization of C$25.43 million, a price-to-earnings ratio of -7.00 and a beta of 1.86. The firm has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05.

Avalon Advanced Materials 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.