Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Sees Large Decrease in Short Interest

by · The Markets Daily

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

Avalon Advanced Materials Stock Up 2.4 %

AVLNF traded up $0.00 during trading hours on Friday, reaching $0.03. 937,262 shares of the company’s stock traded hands, compared to its average volume of 154,639. The firm has a 50-day moving average price of $0.03 and a 200 day moving average price of $0.04. The firm has a market capitalization of $15.51 million, a PE ratio of 2.60 and a beta of 1.42. Avalon Advanced Materials has a 52-week low of $0.02 and a 52-week high of $0.08.

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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