Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.03 and traded as low as C$0.03. Avalon Advanced Materials shares last traded at C$0.03, with a volume of 255,018 shares changing hands.
Avalon Advanced Materials Stock Up 20.0%
The company has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The company has a quick ratio of 2.13, a current ratio of 1.66 and a debt-to-equity ratio of 5.71. The firm has a market cap of C$16.95 million, a P/E ratio of -7.00 and a beta of 1.86.
Avalon Advanced Materials Company Profile
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.
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