Mason Resources Inc. (CVE:LLG – Get Free Report) shares were up 29.4% on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 232,031 shares changed hands during trading, an increase of 70% from the average daily volume of 136,323 shares. The stock had previously closed at C$0.09.
Mason Resources Price Performance
The company’s 50-day moving average price is C$0.08 and its two-hundred day moving average price is C$0.07. The company has a market capitalization of C$17.29 million, a price-to-earnings ratio of 2.33 and a beta of 1.77.
About Mason Resources
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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