Mason Resources (CVE:LLG) Stock Price Up 29.4% – Here’s What Happened

Mason Resources Inc. (CVE:LLGGet Free Report)’s share price rose 29.4% during trading on Saturday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 232,031 shares changed hands during trading, an increase of 70% from the average daily volume of 136,323 shares. The stock had previously closed at C$0.09.

Mason Resources Stock Performance

The company has a market capitalization of C$17.29 million, a PE ratio of 2.33 and a beta of 1.77. The company has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.07.

About Mason Resources

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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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