Mason Resources (CVE:LLG) Shares Up 29.4% – Should You Buy?

Mason Resources Inc. (CVE:LLGGet Free Report) shares shot up 29.4% during mid-day trading on Saturday . The company traded as high as C$0.11 and last traded at C$0.11. 232,031 shares were traded during trading, an increase of 70% from the average session volume of 136,323 shares. The stock had previously closed at C$0.09.

Mason Resources Price Performance

The firm has a market capitalization of C$17.29 million, a PE ratio of 2.33 and a beta of 1.77. The business’s 50-day moving average price is C$0.08 and its 200-day moving average price is C$0.07.

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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