Shares of Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) were up 37.5% during mid-day trading on Saturday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 6,201,707 shares traded hands during trading, an increase of 1,171% from the average daily volume of 487,947 shares. The stock had previously closed at C$0.04.
Avalon Advanced Materials Stock Up 37.5%
The company has a market cap of C$35.39 million, a P/E ratio of -5.50 and a beta of 0.70. The stock’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.03. 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.
Further Reading
- Five stocks we like better than Avalon Advanced Materials
- Find and Profitably Trade Stocks at 52-Week Lows
- 3 Defense Stocks Surging as Ukraine Tensions Deepen
- What is a SEC Filing?
- Starbucks Stock Slumps; This Competitor Shows Strength
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- The Trade Desk: 2 Signs of a Comeback, 1 Risk Ahead
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.
