Shares of Mason Resources Inc. (CVE:LLG – Get 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 Trading Down 17.4%
The firm’s 50-day moving average is C$0.09 and its two-hundred day moving average is C$0.08. The stock has a market cap of C$16.08 million, a price-to-earnings ratio of -1.90 and a beta of 1.07.
About Mason Resources
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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