Avalon Advanced Materials Inc.
Avalon Advanced Materials Inc. (TSX: AVL) is trading at CA$7.30, about ₹494 at today's CAD/INR rate, as of 28 Sep 2026, 3:54 PM ET, down 2.54% today. Indian residents can buy Avalon Advanced Materials from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$7.15
Today's high
CA$7.53
52 week low
CA$4.52
52 week high
CA$27.00
AVL opened at CA$7.25, closed previously at CA$7.49, and has traded between CA$4.52 and CA$27.00 over the past 52 weeks.
About
Avalon Advanced Materials Inc., along with its various affiliates, specializes in the entire lifecycle of rare metal and mineral assets, from procurement and exploration to assessment and advancement, predominantly within Canada. The company directs its efforts towards identifying deposits abundant in crucial elements such as lithium, tantalum, cesium, indium, gallium, germanium, tin, yttrium, zirconium, and a range of rare earth elements. It maintains full ownership of several principal undertakings. Among these is the Nechalacho project, a considerable 5,786-hectare site composed of eight adjacent mining leases located at Thor Lake in the Northwest Territories' Mackenzie Mining District. Another vital holding is the East Kemptville project, an exploration license spanning approximately 1,165 hectares situated northeast of Yarmouth, Nova Scotia. In Ontario, the firm oversees the Separation Rapids project, encompassing nineteen mineral claims and a mining lease across roughly 4,414 hectares in Kenora, as well as the Lilypad project, which features 14 claims (including 166 new units) covering about 3,299 hectares northeast of Pickle Lake. Established in 1991, Avalon Advanced Materials Inc. has its main office in Toronto, Canada, having transitioned from its former identity, Avalon Rare Metals Inc., in February 2016.
Key statistics
Avg. volume
25.07K
Market cap
CA$33.89M
P/E Ratio
-1.42
Price-to-sales ratio
139.30
Enterprise value
CA$24.69M
Free cash flow yield
-21.57%
Debt-to-equity ratio
0.00
Return on equity
-18.27%
ROIC
-7.14%
Beta
0.56
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
CA$49.94K
Earnings per share
-CA$1.53
Free cash flow
-CA$4.01M
Net profit margin
-9581.89%
Gross margin
-31.63%
EBITDA
-CA$4.07M
Revenue growth
-54.53%
How to buy Avalon Advanced Materials from India
Indian residents can buy Avalon Advanced Materials shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for Avalon Advanced Materials and place an order
Find Avalon Advanced Materials by name or by its ticker, AVL, and choose an order type. Avalon Advanced Materials trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Avalon Advanced Materials position in CAD and INR. Avalon Advanced Materials pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Avalon Advanced Materials from India
Trading and taxes when buying Avalon Advanced Materials from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneAvalon Advanced Materials does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Avalon Advanced Materials stock?
Yes. Avalon Advanced Materials (AVL) has been listed on the Toronto Stock Exchange since 1996, in the Industrial Materials industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Avalon Advanced Materials share cost in rupees?
One Avalon Advanced Materials share is CA$7.30 — about ₹494 at a CAD/INR rate of 67.65 on 28 Sep 2026. Both the Avalon Advanced Materials price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Avalon Advanced Materials from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Avalon Advanced Materials shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Avalon Advanced Materials price. Paasa issues a capital-gains statement for your return.
Does Avalon Advanced Materials pay a dividend?
No. Avalon Advanced Materials does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Avalon Advanced Materials from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare Avalon Advanced Materials shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Avalon Advanced Materials holding, its cost and its closing value.
How do I sell Avalon Advanced Materials and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Avalon Advanced Materials?
Yes. Avalon Advanced Materials is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.