Mason Resources (CVE:LLG) Hits New 1-Year Low – Here’s What Happened

Mason Resources Inc. (CVE:LLG)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 16000 shares changing hands. The stock had previously closed at C$0.07.

Mason Resources Price Performance

The firm has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.09. The company has a market capitalization of C$9.18 million, a price-to-earnings ratio of -6.50 and a beta of 1.77. The company has a current ratio of 96.78, a quick ratio of 47.86 and a debt-to-equity ratio of 4.33.

Mason Resources (CVE:LLG) last posted its earnings results on Monday, October 28th. The mining company reported C($0.01) EPS for the quarter. As a group, analysts predict that Mason Resources Inc. will post 0.11 earnings per share for the current fiscal year.

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.