Shares of Mason Resources Inc. (CVE:LLG – Get Free Report) fell 25% on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. 666,655 shares changed hands during trading, an increase of 392% from the average session volume of 135,593 shares. The stock had previously closed at C$0.12.
Mason Resources Price Performance
The firm has a market cap of C$14.15 million, a P/E ratio of 1.91 and a beta of 1.77. The stock’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07.
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.
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