Mason Resources (CVE:LLG) Sets New 52-Week Low – Here’s Why

Mason Resources Inc. (CVE:LLGGet 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 226000 shares trading hands. The stock had previously closed at C$0.08.

Mason Resources Stock Down 6.7 %

The company has a quick ratio of 47.86, a current ratio of 96.78 and a debt-to-equity ratio of 4.33. The firm has a market cap of C$9.89 million, a price-to-earnings ratio of -7.00 and a beta of 1.77. The stock’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.10.

Mason Resources Company Profile

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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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