Shares of Avalon Rare Metals (AVL -6.4%) slump after Dahlman Rose tags the company with a...

|About: Avalon Rare Metals Inc. (AVL)|By:, SA News Editor

Shares of Avalon Rare Metals (AVL -6.4%) slump after Dahlman Rose tags the company with a downgrade to Hold from Buy. Analysts see rare earth pricing staying range bound over the next 12 to 18 months. At $1.49 a share, AVL is closing in on a 52-week low.