Short Interest in Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) Expands By 625.9%

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

Avalon Advanced Materials Price Performance

AVLNF traded up $0.00 during trading on Friday, hitting $0.03. 120,400 shares of the stock were exchanged, compared to its average volume of 265,127. 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 firm has a 50 day simple moving average of $0.03 and a 200 day simple moving average of $0.03. Avalon Advanced Materials has a 1 year low of $0.02 and a 1 year 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.