Mason Graphite Inc (CVE:LLG) shares shot up 5.6% on Monday . The stock traded as high as C$0.39 and last traded at C$0.38. 51,000 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 156,139 shares. The stock had previously closed at C$0.36.
Separately, National Bank Financial decreased their price target on shares of Mason Graphite from C$1.65 to C$0.90 and set an “outperform” rating on the stock in a report on Wednesday, May 15th.
The stock has a market capitalization of $48.36 million and a PE ratio of 20.83. The company has a fifty day simple moving average of C$0.35. The company has a current ratio of 1.87, a quick ratio of 1.86 and a debt-to-equity ratio of 4.33.
Mason Graphite (CVE:LLG) last released its quarterly earnings results on Tuesday, May 28th. The mining company reported C($0.01) earnings per share for the quarter, hitting the consensus estimate of C($0.01). As a group, analysts forecast that Mason Graphite Inc will post -0.03 earnings per share for the current year.
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Mason Graphite Company Profile (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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