Mason Resources (CVE:LLG) Shares Cross Above 200 Day Moving Average – Time to Sell?

Mason Resources Inc. (CVE:LLGGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.09 and traded as high as C$0.10. Mason Resources shares last traded at C$0.10, with a volume of 144,361 shares.

Mason Resources Price Performance

The business’s 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.09. The stock has a market cap of C$16.08 million, a P/E ratio of 0.79 and a beta of 1.54.

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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