Mason Resources Inc. (CVE:LLG – Get Free Report)’s share price dropped 17.4% during mid-day trading on Saturday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 1,030,284 shares changed hands during mid-day 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 Performance
The firm has a market cap of C$16.08 million, a price-to-earnings ratio of -1.90 and a beta of 1.07. The business’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.08.
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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