Mason Graphite (CVE:LLG) Sets New 52-Week Low at $0.20

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Mason Graphite Inc (CVE:LLG) reached a new 52-week low on Wednesday . The company traded as low as C$0.20 and last traded at C$0.20, with a volume of 377129 shares trading hands. The stock had previously closed at C$0.21.

Separately, National Bank Financial lowered their price target on Mason Graphite from C$0.90 to C$0.60 and set an “outperform” rating on the stock in a research report on Monday, October 7th.

The stock has a 50-day simple moving average of C$0.23 and a two-hundred day simple moving average of C$0.30. The company has a quick ratio of 1.93, a current ratio of 1.95 and a debt-to-equity ratio of 4.33. The firm has a market cap of $27.25 million and a PE ratio of 32.50.

About Mason Graphite (CVE:LLG)

Mason Graphite Inc, a mining and processing company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. It owns a 100% interest in the Lac Guéret graphite property, which consists of 215 claims covering an area of 11,630 hectares located in northeastern Quebec.

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