Mason Resources (CVE:LLG) Trading Up 38.5% – Still a Buy?

Shares of Mason Resources Inc. (CVE:LLG) rose 38.5% on Friday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 593,501 shares changed hands during trading, an increase of 377% from the average daily volume of 124,431 shares. The stock had previously closed at C$0.07.

Mason Resources Stock Up 23.1 %

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 company has a market cap of C$11.30 million, a PE ratio of -8.00 and a beta of 1.77. The business’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.07.

Mason Resources (CVE:LLG) last announced its quarterly earnings data on Monday, October 28th. The mining company reported C($0.01) earnings per share for the quarter. As a group, analysts predict that Mason Resources Inc. will post 0.11 EPS for the current year.

Mason Resources Company Profile

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.