Mason Graphite (CVE:LLG) Share Price Passes Above 200 Day Moving Average of $0.00

Mason Graphite Inc (CVE:LLG) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.29. Mason Graphite shares last traded at $0.29, with a volume of 11,220 shares changing hands.

Separately, National Bank Financial decreased their price objective on Mason Graphite from C$1.65 to C$0.90 and set an “outperform” rating for the company in a report on Wednesday, May 15th.

The company’s fifty day simple moving average is C$0.31. The company has a current ratio of 1.87, a quick ratio of 1.86 and a debt-to-equity ratio of 4.33. The firm has a market cap of $42.23 million and a PE ratio of 15.83.

Mason Graphite (CVE:LLG) last issued its quarterly earnings data on Tuesday, May 28th. The mining company reported C($0.01) EPS for the quarter, meeting the consensus estimate of C($0.01). On average, research analysts expect that Mason Graphite Inc will post -0.02 earnings per share for the current year.

About Mason Graphite (CVE:LLG)

Mason Graphite Inc, a mining and processing company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. It owns a 100% interest in the Lac Guéret graphite property, which consists of 215 claims covering an area of 11,630 hectares located in northeastern Quebec.

Further Reading: Sell-Side Analysts

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