At close of market on Thursday, Avalon Advanced Materials Inc. (TSX:AVL) stock finished trading at +58.82%, bringing the stock price to $0.14 on the Toronto Stock Exchange. The stock price saw a low of $0.12 and a high of $0.17.
The company’s stock was traded 1,262 times with a total of 15,709,792 shares traded.
Avalon Advanced Materials Inc. has a market cap of $38.59 million, with 285.83 million shares in issue.
Avalon Advanced Materials Inc is a mineral exploration and development company. Avalon operates primarily in Canada with a focus on rare metals and minerals, including lithium, tantalum, niobium, cesium, indium, gallium, germanium, rare earth elements, yttrium, and zirconium. The company presently owns six rare metals and mineral projects in Canada, three of which are under active development. It also owns royalty interests in two exploration projects. The company is currently focusing on its Nechalacho Rare Earth Elements Project at Thor Lake, Separation Rapids Lithium Project near Kenora, Ontario and its East Kemptville Tin-Indium Project in Yarmouth, Nova Scotia.