Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.06 and traded as high as C$0.08. Avalon Advanced Materials shares last traded at C$0.07, with a volume of 4,298,769 shares changing hands.
Avalon Advanced Materials Trading Down 7.1%
The company has a market cap of C$52.48 million, a PE ratio of -6.50 and a beta of 0.74. The company’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.04. The company has a debt-to-equity ratio of 5.71, a current ratio of 1.66 and a quick ratio of 2.13.
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.
Featured Articles
- Five stocks we like better than Avalon Advanced Materials
- What Are Earnings Reports?
- 3 Beaten-Down Stocks With Rebound Potential This Earnings Season
- What to Know About Investing in Penny Stocks
- Amazon Is One of the Clearest Buys If the Market Dips Again
- Industrial Products Stocks Investing
- CoreWeave’s Guidance Cut: A Buying Opportunity in Disguise?
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.
