Mason Resources (CVE:LLG) Reaches New 12-Month Low – Here’s What Happened

by · The Cerbat Gem

Mason Resources Inc. (CVE:LLGGet Free Report)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 226000 shares. The stock had previously closed at C$0.08.

Mason Resources Price Performance

The stock has a market cap of C$9.89 million, a price-to-earnings ratio of -7.00 and a beta of 1.77. The company has a 50-day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.10. The company has a debt-to-equity ratio of 4.33, a quick ratio of 47.86 and a current ratio of 96.78.

About Mason Resources

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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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