Mason Resources (CVE:LLG) Trading 10.5% Higher – Here’s Why

Mason Resources Inc. (CVE:LLGGet Free Report)’s stock price shot up 10.5% during trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. 945,696 shares traded hands during trading, an increase of 404% from the average session volume of 187,632 shares. The stock had previously closed at C$0.10.

Mason Resources Stock Performance

The firm has a market cap of C$17.78 million, a PE ratio of -3.50 and a beta of 1.40. The company’s 50-day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.08.

Mason Resources Company Profile

(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.

Read More

Receive News & Ratings for Mason Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mason Resources and related companies with MarketBeat.com's FREE daily email newsletter.