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Avalon Advanced Materials Inc. AVLNF OTC

Other OTC • Basic Materials • Industrial Materials • CA • USD

SharesGrow Score
23/100
0/5 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

Avalon Advanced Materials Inc. (AVLNF) is a publicly traded company in the Basic Materials sector, operating within the Industrial Materials industry. The company is headquartered in Toronto, ON, Canada. The current CEO is Scott Monteith.

AVLNF has IPO date of 2016-07-12, 8 full-time employees, listed on the Other OTC, a market capitalization of $40.91M.

About Avalon Advanced Materials Inc.

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.

📍 130 Adelaide Street West, Toronto, ON M5H 3P5 📞 416-364-4938
Company Details
SectorBasic Materials
IndustryIndustrial Materials
CountryCanada
ExchangeOther OTC
CurrencyUSD
IPO Date2016-07-12
CEOScott Monteith
Employees8
Trading Info
Current Price$0.05
Market Cap$40.91M
52-Week Range0.011-0.14
Beta0.43
ETFNo
ADRNo
CUSIP05337L304
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