Mason Resources (CVE:LLG) Hits New 52-Week Low – Here’s What Happened

Mason Resources Inc. (CVE:LLGGet Free Report)’s stock price reached 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 19000 shares. The stock had previously closed at C$0.06.

Mason Resources Stock Up 9.1 %

The firm has a market capitalization of C$8.48 million, a P/E ratio of -5.50 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 firm’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.09.

Mason Resources (CVE:LLGGet Free Report) last posted its quarterly earnings results on Monday, October 28th. The mining company reported C($0.01) EPS for the quarter. Research analysts predict that Mason Resources Inc. will post 0.11 EPS for the current year.

Mason Resources Company Profile

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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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