Mason Resources (CVE:LLG) Trading Down 25% – Time to Sell?

Shares of Mason Resources Inc. (CVE:LLGGet Free Report) dropped 25% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 666,655 shares were traded during trading, an increase of 392% from the average daily volume of 135,593 shares. The stock had previously closed at C$0.12.

Mason Resources Stock 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 firm’s fifty day moving average is C$0.08 and its 200 day 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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