Mason Resources (CVE:LLG) Shares Up 38.5% – Should You Buy?

Mason Resources Inc. (CVE:LLG) traded up 38.5% on Friday . The company traded as high as C$0.10 and last traded at C$0.09. 593,501 shares were traded during trading, an increase of 377% from the average session volume of 124,431 shares. The stock had previously closed at C$0.07.

Mason Resources Stock Up 38.5 %

The company has a quick ratio of 47.86, a current ratio of 96.78 and a debt-to-equity ratio of 4.33. The company’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The stock has a market capitalization of C$12.72 million, a PE ratio of -9.00 and a beta of 1.77.

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

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.