Avalon Advanced Materials Inc. (T:AVL)
Business Focus: Rare Earth Minerals
Insider Filings
Latest 10 SEDI filings for AVL within the last 6 months
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Company News
Apr 16, 2024 07:00 ET
Avalon Advanced Materials Announces Commencement of Preliminary Economic Assessment ("PEA") for Avalon's Thunder Bay Lithium Conversion Facility
Toronto, Ontario--(Newsfile Corp. - April 16, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has engaged DRA Americas Inc., a 100% owned subsidiary of DRA Global ("DRA") to commence a Preliminary Economic Assessment ("PEA") of a lithium hydroxide conversion facility.
Mar 27, 2024 17:34 ET
Avalon Closes $2,750,000 First Drawdown of $15,000,000 Convertible Security Funding Agreement
Toronto, Ontario--(Newsfile Corp. - March 27, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has closed the $2,750,000 first drawdown of its up to $15,000,000 convertible security funding agreement (the "Funding Agreement") with Lind Global Fund II, LP, an entity managed by The Lind Partners, a New York based institutional fund manager (together "Lind"). The details of the Funding Agreement are contained in the Company's news release dated March 18, 2024.
Valuation Ratios
Industry
Sector
Beta
1.17
--
--
Price to Sales - TTM
--
2.13
4.43
Price to Book - most recent quarter
0.35
1.31
1.98
Price to Cash Flow per share - TTM
77.16
--
9.44
Price to Free Cash Flow per share - TTM
--
39.00
19.72
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 207,884 | 36,155 |
| Mar 31, 2024 | 171,729 | 1,782 |
| Mar 15, 2024 | 169,947 | -37,732 |
Business Summary
| Sector: Basic Materials | Industry: Non-Gold Precious Metals & Minerals |
Avalon Advanced Materials Inc. is a Canada-based mineral development company, which is focused on vertically integrating the Ontario lithium supply chain. The Company's projects include East Kemptville Tin, Lilypad Cesium, Nechalacho Rare Earth Elements (REE), Separation Rapids Lithium and Warren Township Feldspar. The East Kemptville Tin-Indium Project is located approximately 45 kilometers (km) northeast of Yarmouth, Nova Scotia. The Lilypad Cesium-Tantalum Property consists of 14 claims totaling 3,108 hectares covering a field of cesium, tantalum and lithium-rich granitic pegmatites. The Nechalacho REE Property is located at Thor Lake, Northwest Territories. The Warren Township Anorthosite Project is an advanced specialty industrial minerals development opportunity located 100 km west of Timmins, Ontario in the Porcupine Mining Division. The property is located near road and rail infrastructure and is close to markets in southern Ontario and the northeastern United States.
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