Avalon Advanced Materials Inc. (AVL.TO)

CAD 0.04

(-11.11%)

Market Cap (In CAD)

23.85 Million

Revenue (In CAD)

45 Thousand

Net Income (In CAD)

-3.31 Million

Avg. Volume

286.38 Thousand

Currency
CAD
Country
Basic Materials
Open
-
Prev. Close
-
Day Range
-
Year Range
0.04-0.11
PE
-
EPS
-
Beta Value
1.894
ISIN
CA05337L3048
CUSIP
05337L106
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Basic Materials
Industry
Industrial Materials
CEO
Mr. Scott Monteith
Employee Count
-
Website
https://www.avalonadvancedmaterials.com
Ipo Date
1996-08-08
Details
Avalon Advanced Materials Inc., together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of rare metal and mineral properties primarily in Canada. The company focuses on exploring lithium, tantalum, cesium, indium, gallium, germanium, tin, yttrium, and zirconium deposits, as well as rare earth elements. It holds 100% interests in the Nechalacho project comprises eight contiguous mining leases covering an area of 5,786 hectares located at Thor Lake in the Mackenzie Mining District of the Northwest Territories; the East Kemptville project that consists of an exploration license covering an area of approximately 1,165 hectares located to the northeast of Yarmouth, Nova Scotia; the Separation Rapids project, which includes nineteen mineral claims and one mining lease covering an area of approximately 4,414 hectares located in the Kenora in Ontario; and the Lilypad project comprising 14 claims, including 166 new claim units or cells covering an area of approximately 3,299 hectares in located to the northeast of the Pickle Lake in Ontario. The company was formerly known as Avalon Rare Metals Inc. and changed its name to Avalon Advanced Materials Inc. in February 2016. Avalon Advanced Materials Inc. was founded in 1991 and is headquartered in Toronto, Canada.