Shares of Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) shot up 16.7% during trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. 131,233 shares were traded during trading, a decline of 39% from the average session volume of 214,685 shares. The stock had previously closed at C$0.03.
Avalon Advanced Materials Stock Performance
The stock has a market capitalization of C$16.95 million, a price-to-earnings ratio of -7.00 and a beta of 1.86. The stock’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.05. The company has a current ratio of 1.66, a quick ratio of 2.13 and a debt-to-equity ratio of 5.71.
About Avalon Advanced Materials
Avalon Advanced Materials Inc is a Canadian critical minerals development company focused on vertically integrating the Ontario lithium supply chain. The company is currently developing its Separation Rapids deposit near Kenora, ON. while continuing to advance other projects in its portfolio. In additional to extraction activities, Avalon is executing on its key strategic objective of constructing Ontario’s first midstream lithium hydroxide processing facility to bridge upstream lithium production and downstream EV battery manufacturing.
Featured Articles
- Five stocks we like better than Avalon Advanced Materials
- How to Invest in Small Cap Stocks
- Oracle Announces Game-Changing News for the AI Industry
- 3 Warren Buffett Stocks to Buy Now
- Netflix Adds 19 Million Subscribers, Growth Is Far From Over
- Using the MarketBeat Dividend Tax Calculator
- Tempus AI: A Game-Changer in AI-Powered Healthcare
Receive News & Ratings for Avalon Advanced Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avalon Advanced Materials and related companies with MarketBeat.com's FREE daily email newsletter.
