Short Interest in Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Expands By 128,700.0%

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 128,800 shares, an increase of 128,700.0% from the October 31st total of 100 shares. Based on an average daily volume of 610,600 shares, the short-interest ratio is presently 0.2 days.

Avalon Advanced Materials Stock Performance

OTCMKTS AVLNF opened at $0.03 on Friday. The stock has a 50-day simple moving average of $0.03 and a two-hundred day simple moving average of $0.04. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.49 and a current ratio of 0.49. The firm has a market capitalization of $16.52 million, a P/E ratio of 2.82 and a beta of 1.49. Avalon Advanced Materials has a fifty-two week low of $0.03 and a fifty-two week high of $0.08.

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.