Mason Resources (CVE:LLG) Shares Down 17.4% – Here’s Why

Shares of Mason Resources Inc. (CVE:LLGGet Free Report) traded down 17.4% during mid-day trading on Saturday . The stock traded as low as C$0.10 and last traded at C$0.10. 1,030,284 shares traded hands during trading, an increase of 483% from the average session volume of 176,843 shares. The stock had previously closed at C$0.12.

Mason Resources Price Performance

The company has a market capitalization of C$16.08 million, a PE ratio of -1.90 and a beta of 1.07. The company’s fifty day moving average is C$0.09 and its 200-day moving average is C$0.08.

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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