Avalon Advanced Materials Inc.
AVLNF · Metal Mining · EDGAR filings ↗
Grade
D42Pre-revenue rare-earth/lithium exploration company with going concern and stale FY2020 data.
Strengths
- Large carried asset base and current ratio 1.6x (58th pct) at period end
- Revenue growth 88.9th pct off a negligible base
Risks
- Going concern; ~2.7 quarters cash runway and operating margin -58% (11th pct)
- No production history; development needs major capital and permitting
Notable findings
- Net lossNet loss (net margin -4001.3%)
- Cash burnNegative free cash flow (-1.4M)
Key metrics
Operating margin
-5806.0%
Net margin
-4001.3%
Return on equity
-4.7%
Return on assets
-4.6%
Revenue growth (QoQ)
142.1%
Net-income growth
-251.7%
Current ratio
1.6×
Free cash flow
-$1M
Tangible book value
$84M
Cash & investments
$947K
Cash runway
3q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2020-11-27 | 2020-08-31 | 0001062993-20-005940 ↗ |
| 20-F | 2019-11-29 | 2019-08-31 | 0001062993-19-004622 ↗ |
| 20-F | 2018-11-28 | 2018-08-31 | 0001062993-18-004837 ↗ |
| 20-F | 2017-11-27 | 2017-11-27 | 0001062993-17-005087 ↗ |
| 20-F | 2016-11-29 | 2016-08-31 | 0001062993-16-012530 ↗ |
| 20-F | 2015-11-30 | 2015-08-31 | 0001062993-15-006465 ↗ |
| 20-F | 2014-12-01 | 2014-08-31 | 0001062993-14-006977 ↗ |
| 40-F | 2013-12-02 | 2013-08-31 | 0001144204-13-064888 ↗ |
| 40-F | 2012-11-29 | 2012-08-31 | 0001144204-12-065563 ↗ |
| 40-F | 2011-11-30 | 2011-08-31 | 0001144204-11-067485 ↗ |