Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s share price traded up 80% during mid-day trading on Saturday . The stock traded as high as C$0.15 and last traded at C$0.14. 21,446,340 shares changed hands during mid-day trading, an increase of 3,215% from the average session volume of 646,979 shares. The stock had previously closed at C$0.08.
Avalon Advanced Materials Price Performance
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 stock has a market cap of C$86.87 million, a P/E ratio of -13.50 and a beta of 0.70. The firm’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04.
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.
Featured Stories
- Five stocks we like better than Avalon Advanced Materials
- Stock Analyst Ratings and Canadian Analyst Ratings
- 3 Heavily Shorted Stocks That Could Pop on Rate Cuts
- Why Invest in 5G? How to Invest in 5G Stocks
- Broadcom Gets Second $420 Target as CPO Win Boosts Outlook
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- PepsiCo’s Deep Discount Will Soon Evaporate: Buy It While You Can
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.
