Mason Resources (CVE:LLG) Stock Price Up 29.4% – Still a Buy?

Mason Resources Inc. (CVE:LLGGet Free Report)’s stock price was up 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 Price Performance

The firm’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.07. The stock has a market cap of C$17.29 million, a P/E ratio of 2.33 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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