Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Short Interest Down 99.9% in December

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a decrease of 99.9% from the November 30th total of 85,100 shares. Based on an average daily trading volume, of 566,700 shares, the days-to-cover ratio is presently 0.0 days.

Avalon Advanced Materials Stock Down 3.1 %

Shares of OTCMKTS AVLNF traded down $0.00 during midday trading on Friday, reaching $0.03. 44,809 shares of the company’s stock traded hands, compared to its average volume of 151,496. Avalon Advanced Materials has a one year low of $0.02 and a one year high of $0.08. The stock’s 50 day simple moving average is $0.03 and its 200-day simple moving average is $0.04. The company has a market cap of $15.15 million, a price-to-earnings ratio of 2.54 and a beta of 1.42.

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.