Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s share price hit a new 52-week low during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 446500 shares. The stock had previously closed at C$0.04.
Avalon Advanced Materials Stock Performance
The stock has a market cap of C$16.95 million, a P/E ratio of -7.00 and a beta of 1.86. The company has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04. The company has a current ratio of 1.66, a quick ratio of 2.13 and a debt-to-equity ratio of 5.71.
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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