Avalon Advanced Materials (OTCMKTS:AVLNF) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Avalon Advanced Materials Inc. (OTCMKTS:AVLNFGet Free Report)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.03 and traded as low as $0.03. Avalon Advanced Materials shares last traded at $0.03, with a volume of 313,305 shares traded.

Avalon Advanced Materials Trading Down 3.6 %

The firm has a 50 day moving average of $0.03 and a 200-day moving average of $0.04. The company has a market cap of $15.80 million, a P/E ratio of 2.65 and a beta of 1.42.

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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