Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) was up 50% during trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 6,827,663 shares were traded during trading, an increase of 1,163% from the average daily volume of 540,403 shares. The stock had previously closed at C$0.05.
Avalon Advanced Materials Stock Up 80.0%
The stock has a market cap of C$86.87 million, a PE ratio of -13.50 and a beta of 0.70. The company has a debt-to-equity ratio of 5.71, a quick ratio of 2.13 and a current ratio of 1.66. The company’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.04.
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 Biotech Stocks
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- 3 Healthcare Dividend Stocks to Buy
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- Airline Stocks – Top Airline Stocks to Buy Now
- Catch the Next Bitcoin Rally With These 3 ETFs
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.
