Mason Resources Inc. (CVE:LLG – Get Free Report) shares dropped 17.4% during mid-day trading on Saturday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 1,030,284 shares traded hands during trading, an increase of 483% from the average daily volume of 176,843 shares. The stock had previously closed at C$0.12.
Mason Resources Stock Down 17.4%
The company has a market capitalization of C$16.08 million, a P/E ratio of -1.90 and a beta of 1.07. The business has a 50 day simple moving average of C$0.09 and a 200-day simple moving average of C$0.08.
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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