Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 187188 shares traded. The stock had previously closed at C$0.03.
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 company has a market cap of C$16.95 million, a PE ratio of -7.00 and a beta of 1.86. The firm has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of 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.
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