Mason Resources Inc. (CVE:LLG – Get Free Report)’s share price passed 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$0.11. Mason Resources shares last traded at C$0.10, with a volume of 276,902 shares changing hands.
Mason Resources Trading Down 4.8%
The company has a market cap of C$16.93 million, a price-to-earnings ratio of 0.83 and a beta of 1.44. The company has a fifty day moving average price of C$0.10 and a two-hundred day moving average price of C$0.09.
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. The company was formerly known as Mason Graphite Inc and changed its name to Mason Resources Inc in October 2023.
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