Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 43488 shares trading hands. The stock had previously closed at C$0.04.
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’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.05. The firm 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.
Recommended Stories
- Five stocks we like better than Avalon Advanced Materials
- What is Short Interest? How to Use It
- 3 Must-Have ETFs Set to Dominate This Quarter
- Stock Sentiment Analysis: How it Works
- Seeking Stability? These 3 Stocks Offer Strong Potential
- Short Selling – The Pros and Cons
- Trade War Bargain Stocks: Top 3 Picks Too Good to Pass Up
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.
