Mason Resources (CVE:LLG) Hits New 12-Month Low – Time to Sell?

Mason Resources Inc. (CVE:LLG) shares reached a new 52-week low on Monday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 16000 shares changing hands. The stock had previously closed at C$0.07.

Mason Resources Stock Performance

The business’s 50-day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.09. 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$9.18 million, a price-to-earnings ratio of -6.50 and a beta of 1.77.

Mason Resources (CVE:LLG) last released its quarterly earnings results on Monday, October 28th. The mining company reported C($0.01) earnings per share for the quarter. As a group, sell-side analysts expect that Mason Resources Inc. will post 0.11 earnings per share for the current fiscal year.

Mason Resources Company Profile

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.