Avalon Rare Metal Shares Fall on Delay Worries

Reuters Africa reported that a delayed feasibility study on one of Avalon Rare Metals’ (AMEX:AVL) caused the company’s shares to drop.

As quoted in the market news:

Shares of Avalon fell as much as 8.7 percent to C$3.57 shortly after market open on Wednesday on the Toronto Stock Exchange, but later recovered slightly to C$3.67.

Click here to read the full Reuters Africa report.