Mason Resources (CVE:LLG) Reaches New 52-Week Low – Time to Sell?

Shares of Mason Resources Inc. (CVE:LLG) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 19000 shares. The stock had previously closed at C$0.06.

Mason Resources Trading Down 11.1 %

The firm has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.09. The firm has a market cap of C$5.65 million, a PE ratio of -4.50 and a beta of 1.77. The company has a quick ratio of 47.86, a current ratio of 96.78 and a debt-to-equity ratio of 4.33.

Mason Resources (CVE:LLG) last released its quarterly earnings data on Monday, October 28th. The mining company reported C($0.01) EPS for the quarter. Equities analysts anticipate that Mason Resources Inc. will post 0.11 earnings per share for the current 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.