Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Short Interest Update

Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 249,700 shares, an increase of 625.9% from the January 15th total of 34,400 shares. Based on an average trading volume of 554,900 shares, the days-to-cover ratio is presently 0.4 days.

Avalon Advanced Materials Price Performance

Shares of Avalon Advanced Materials stock opened at $0.02 on Thursday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.06. The company’s 50-day moving average price is $0.03 and its two-hundred day moving average price is $0.03. Avalon Advanced Materials has a 52 week low of $0.02 and a 52 week high of $0.07.

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.