Mason Resources (CVE:LLG) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Mason Resources Inc. (CVE:LLGGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.07 and traded as high as C$0.08. Mason Resources shares last traded at C$0.07, with a volume of 181,598 shares changing hands.

Mason Resources Price Performance

The firm has a market capitalization of C$11.00 million, a PE ratio of 1.48 and a beta of 1.77. The company’s fifty day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07.

About Mason Resources

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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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