Mason Resources (CVE:LLG) Hits New 52-Week Low – Time to Sell?

Mason Resources Inc. (CVE:LLGGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 2000 shares trading hands. The stock had previously closed at C$0.07.

Mason Resources Price Performance

The stock’s 50 day moving average price is C$0.07 and its 200-day moving average price is C$0.09. 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 stock has a market capitalization of C$9.89 million, a PE ratio of -7.00 and a beta of 1.77.

Mason Resources Company Profile

(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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