Mason Resources (CVE:LLG) Hits New 52-Week Low – Time to Sell?

by · The Markets Daily

Shares of Mason Resources Inc. (CVE:LLG – Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 2000 shares. The stock had previously closed at C$0.07.

Mason Resources Price Performance

The company has a debt-to-equity ratio of 4.33, a quick ratio of 47.86 and a current ratio of 96.78. The company has a market capitalization of C$9.89 million, a P/E ratio of -7.00 and a beta of 1.77. The firm’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.09.

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.

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