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Bullboard - Stock Discussion Forum Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Avalon Advanced Materials Inc. is a Canadian-advanced manufacturing company focused on vertically integrating the Ontario lithium supply chain. Its Lake Superior Lithium Project is in the City of Thunder Bay, Ontario. Lake Superior Lithium Project is located between northern Ontario’s lithium deposits and southern EV battery plants. Through its joint venture with SCR-Sibelco NV, it is... see more

TSX:AVL - Post Discussion

Avalon Advanced Materials Inc > 565 million shares outstanding
View:
Post by toppgunn on Apr 17, 2024 11:51am

565 million shares outstanding

There are 565 million reasons why Avalon is trading at .075 cents.
Comment by E30S14 on May 06, 2024 6:26pm
I've known about AVL, and have watched it from a distance for well over a decade now. I don't mean to be disrespectful, but I'm wondering how Avalon has a current market cap of around $40M while Commerce Resources has a market cap of around $21M. Either way, I think it's fair to say that both companies have failed to generate any value for shareholders for a long long time.
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