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TORONTO (AP) _ Avalon Rare Metals Inc. (AVLNF) on Thursday reported a loss of $687,000 in its fiscal second quarter.
The Toronto-based company said it had a loss of 1 cent per share.
The rare earth metals mining company posted revenue of $6,000 in the period.
In the final minutes of trading on Thursday, the company's shares hit 24 cents. A year ago, they were trading at 28 cents.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AVLNF at http://www.zacks.com/ap/AVLNF
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Keywords: Avalon Rare Metals, Earnings Report
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Avalon Rare Metals Inc.
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EXPLORATION STAGE |
CODE : AVL.TO |
ISIN : CA0534701002 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Avalon Rare Metals is a exploration company based in Canada. Avalon Rare Metals holds various exploration projects in Canada. Its main exploration properties are SEPARATION RAPIDS, WARREN TOWNSHIP, EAST KEMPTVILLE, LILYPAD LAKES, THOR LAKE, CEDARTREE LAKE, WOLF / DISRAELI (SEAGULL) and NECHALACHO in Canada. Avalon Rare Metals is listed in Canada and in United States of America. Its market capitalisation is CA$ 10.4 millions as of today (US$ 7.7 millions, € 6.9 millions). Its stock quote reached its highest recent level on April 15, 2011 at CA$ 9.65, and its lowest recent point on April 09, 2020 at CA$ 0.03. Avalon Rare Metals has 189 340 000 shares outstanding. |