Mason Graphite Inc (CVE:LLG)’s share price reached a new 52-week low on Wednesday . The stock traded as low as C$0.20 and last traded at C$0.20, with a volume of 377129 shares traded. The stock had previously closed at C$0.21.
Separately, National Bank Financial dropped their target price on shares of Mason Graphite from C$0.90 to C$0.60 and set an “outperform” rating on the stock in a research report on Monday, October 7th.
The firm’s 50-day moving average price is C$0.22 and its two-hundred day moving average price is C$0.30. The firm has a market capitalization of $26.56 million and a PE ratio of 32.50. The company has a quick ratio of 1.93, a current ratio of 1.95 and a debt-to-equity ratio of 4.33.
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.
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