Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Sees Significant Growth in Short Interest

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 59,600 shares, a growth of 146.3% from the March 31st total of 24,200 shares. Based on an average trading volume of 297,500 shares, the short-interest ratio is currently 0.2 days.

Avalon Advanced Materials Price Performance

Shares of AVLNF stock remained flat at $0.06 on Friday. The stock had a trading volume of 74,147 shares, compared to its average volume of 116,314. The stock has a market cap of $32.76 million, a PE ratio of 5.81 and a beta of 0.74. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.03. The stock’s fifty day moving average price is $0.06 and its 200 day moving average price is $0.07. Avalon Advanced Materials has a 1-year low of $0.05 and a 1-year high of $0.13.

About Avalon Advanced Materials

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.