Shares of Mason Resources Inc. (CVE:LLG – Get Free Report) shot up 29.4% during trading on Saturday . The stock traded as high as C$0.11 and last traded at C$0.11. 232,031 shares changed hands during mid-day 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 Trading Up 29.4%
The firm has a market cap of C$17.29 million, a PE ratio of 2.33 and a beta of 1.77. The firm’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.07.
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.
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