Mason Resources (CVE:LLG) Trading 18.2% Higher – Time to Buy?

Mason Resources Inc. (CVE:LLGGet Free Report)’s stock price traded up 18.2% on Friday . The company traded as high as C$0.07 and last traded at C$0.07. 400,127 shares traded hands during trading, an increase of 271% from the average session volume of 107,855 shares. The stock had previously closed at C$0.06.

Mason Resources Price Performance

The company has a market capitalization of C$10.22 million, a price-to-earnings ratio of 1.38 and a beta of 1.77. The stock’s fifty day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06.

Mason Resources Company Profile

(Get Free Report)

Mason Resources Inc, a mining and processing company, engages in the extraction, processing, and development of graphite deposits in Canada. The company primarily owns a 100% interest in the Lac Guéret graphite property located in Quebec, Canada. It also focuses on the production and commercialization of patented graphene products for various industrial sectors, including concrete, polymers, Li-ion batteries, and others; and development of value-added graphite products.

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