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flag Avalon Advanced Materials shares surged 37.5% on Friday amid rising investor interest in its Ontario lithium project and processing facility.

flag Avalon Advanced Materials (TSE:AVL) shares jumped 37.5% on Friday, reaching C$0.06 amid a surge in trading volume to 6.2 million shares—over 1,170% above average. flag The Canadian critical minerals company is advancing its Separation Rapids lithium deposit in Ontario and developing the province’s first midstream lithium hydroxide processing facility to support electric vehicle battery manufacturing. flag Despite a negative P/E ratio and unprofitability, investor interest has grown, driven by the stock’s momentum and its strategic role in the lithium supply chain.

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