Avalon Rare Metals Inc. announced unaudited consolidated earnings results for the first quarter ended November 30, 2016. For the quarter, the company reported revenue of CAD 2,499 compared to CAD 13,895 a year ago. Net loss before income taxes was CAD 748,819 compared to CAD 850,948 a year ago. Net loss and total comprehensive loss for the period was CAD 640,292 or CAD 0.00 per basic and diluted share compared to CAD 645,304 or CAD 0.00 per basic and diluted share a year ago. Cash used by operating activities was CAD 655,545 compared to CAD 820,713 a year ago. Property, plant and equipment was CAD 35,314 compared to CAD 77,569 a year ago.