Mason Resources (CVE:LLG) Trading Up 15.4% – Time to Buy?

Mason Resources Inc. (CVE:LLG)’s share price rose 15.4% on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 409,429 shares were traded during trading, an increase of 356% from the average daily volume of 89,704 shares. The stock had previously closed at C$0.07.

Mason Resources Trading Up 7.7 %

The stock has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.08. The stock has a market cap of C$9.89 million, a PE ratio of -7.00 and a beta of 1.77. The company has a debt-to-equity ratio of 4.33, a current ratio of 96.78 and a quick ratio of 47.86.

Mason Resources (CVE:LLG) last issued its quarterly earnings data on Monday, October 28th. The mining company reported C($0.01) earnings per share (EPS) for the quarter. Sell-side analysts forecast that Mason Resources Inc. will post 0.11 earnings per share for the current fiscal year.

About Mason Resources

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.