Avalon Rare Metals posts 2nd-quarter loss of $687,000

TORONTO – 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.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AVLNF at


Keywords: Avalon Rare Metals, Earnings Report