Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.03 and traded as high as C$0.04. Avalon Advanced Materials shares last traded at C$0.04, with a volume of 411,004 shares traded.
Avalon Advanced Materials Stock Up 16.7 %
The company has a current ratio of 1.66, a quick ratio of 2.13 and a debt-to-equity ratio of 5.71. The stock’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.04. The stock has a market cap of C$19.78 million, a price-to-earnings 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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