Mason Resources Inc. (CVE:LLG – Get Free Report) shares rose 25% during mid-day trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 120,662 shares traded hands during mid-day trading, an increase of 85% from the average daily volume of 65,175 shares. The stock had previously closed at C$0.06.
Mason Resources Trading Up 33.3 %
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 firm has a market cap of C$11.30 million, a price-to-earnings ratio of -6.00 and a beta of 1.82. The company has a 50-day moving average price of C$0.08 and a 200 day moving average price of C$0.10.
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.
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