Mason Resources (CVE:LLG) Stock Price Down 5.9% – Here’s What Happened

Mason Resources Inc. (CVE:LLGGet Free Report) dropped 5.9% during mid-day trading on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 129,000 shares were traded during trading, an increase of 100% from the average daily volume of 64,543 shares. The stock had previously closed at C$0.09.

Mason Resources Trading Down 5.9 %

The stock has a market cap of C$11.30 million, a PE ratio of -8.00 and a beta of 1.77. The company’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.10. The company has a debt-to-equity ratio of 4.33, a quick ratio of 47.86 and a current ratio of 96.78.

About Mason Resources

(Get Free Report)

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.

Read More

Receive News & Ratings for Mason Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mason Resources and related companies with MarketBeat.com's FREE daily email newsletter.