Mason Resources (CVE:LLG) Sets New 52-Week Low – Here’s Why

by · The Cerbat Gem

Mason Resources Inc. (CVE:LLGGet Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 662827 shares changing hands. The stock had previously closed at C$0.06.

Mason Resources Stock Performance

The firm has a market capitalization of C$8.48 million, a PE ratio of -6.00 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. The stock has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.09.

Mason Resources (CVE:LLGGet Free Report) last released its earnings results on Monday, October 28th. The mining company reported C($0.01) EPS for the quarter. On average, research analysts expect that Mason Resources Inc. will post 0.11 EPS for the current fiscal year.

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.

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