Mason Resources (CVE:LLG) Shares Down 25% – Here’s Why

Mason Resources Inc. (CVE:LLGGet Free Report) traded down 25% during mid-day trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 666,655 shares traded hands during mid-day trading, an increase of 392% from the average session volume of 135,593 shares. The stock had previously closed at C$0.12.

Mason Resources Price Performance

The firm has a market capitalization of C$14.15 million, a price-to-earnings ratio of 1.91 and a beta of 1.77. The firm has a 50 day moving average price of C$0.08 and a 200-day moving average price of C$0.07.

About Mason Resources

(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.

See Also

Receive News & Ratings for Mason Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mason Resources and related companies with MarketBeat.com's FREE daily email newsletter.