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

Mason Resources Inc. (CVE:LLGGet Free Report) shares were down 17.4% during trading on Saturday . The stock 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 Down 17.4%

The company has a market cap of C$16.08 million, a P/E ratio of -1.90 and a beta of 1.07. The company has a fifty day moving average of C$0.09 and a 200 day moving average of C$0.08.

About Mason Resources

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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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