Time to Reconsider AVALON ADVANCED MATERIALS ORD (OTCMKTS:AVLNF) After More Short Sellers?

December 7, 2017 - By Peter Erickson

The stock of AVALON ADVANCED MATERIALS ORD (OTCMKTS:AVLNF) registered an increase of 33650% in short interest. AVLNF’s total short interest was 67,500 shares in December as published by FINRA. Its up 33650% from 200 shares, reported previously. With 305,000 shares average volume, it will take short sellers 0 days to cover their AVLNF’s short positions.

The stock 2.17% or $0 during the last trading session, reaching $0.09. It is down 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Avalon Advanced Materials Inc., together with its subsidiaries, explores and develops rare metals and minerals primarily in Canada. The company has market cap of $18.41 million. The firm focuses on exploring rare earth elements, and other rare metals and minerals, including lithium, tantalum, niobium, cesium, indium, gallium, yttrium, and zirconium, as well as tin. It currently has negative earnings. It holds 100% interests in the Nechalacho project, which comprises 5 contiguous mining leases totaling 10,449 acres and 3 claims totaling 4,597 acres located at Thor Lake in the Mackenzie Mining District of the Northwest Territories.

More recent Avalon Advanced Materials Inc. (OTCMKTS:AVLNF) news were published by: Marketwatch.com which released: “Avalon Advanced Materials Inc.” on April 18, 2011. Also Globenewswire.com published the news titled: “Avalon Announces Voluntary Delisting From NYSE MKT” on November 27, 2015. Globenewswire.com‘s news article titled: “Avalon Announces the Results of its 2017 Annual and Special Meeting of …” with publication date: February 23, 2017 was also an interesting one.

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