Avalon Advanced Materials Inc. (TSE:AVL – Get Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$11.07 and traded as low as C$4.88. Avalon Advanced Materials shares last traded at C$4.97, with a volume of 5,144 shares traded.
Avalon Advanced Materials Trading Up 2.6%
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 capitalization of C$23.67 million, a PE ratio of -0.95 and a beta of 0.64. The business’s 50-day moving average is C$8.47 and its two-hundred day moving average is C$11.01.
About Avalon Advanced Materials
Avalon Advanced Materials Inc is a Canadian critical minerals company advancing the supply of materials essential for Canadas future. The Company is focused on developing strategic assets that support secure, domestic supply chains and long-term economic growth. Avalon is focused on vertically integrating the Ontario lithium supply chain through the development of Lake Superior Lithium Inc, Ontarios first midstream lithium hydroxide processing facility, located in Thunder Bay. This facility will serve as a vital link between northern Ontarios lithium resources and the growing EV battery manufacturing base in southern Ontario and North America.
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