Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 137522 shares changing hands. The stock had previously closed at C$0.03.
Avalon Advanced Materials Price Performance
The firm has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a market capitalization of C$16.95 million, a price-to-earnings ratio of -7.00 and a beta of 1.86. The company has a current ratio of 1.66, a quick ratio of 2.13 and a debt-to-equity ratio of 5.71.
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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