Mason Resources (CVE:LLG) Stock Price Down 5.9% – Time to Sell?

Mason Resources Inc. (CVE:LLGGet Free Report)’s stock price fell 5.9% on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08. 129,000 shares changed hands during trading, an increase of 100% from the average session volume of 64,543 shares. The stock had previously closed at C$0.09.

Mason Resources Price Performance

The stock has a market cap of C$11.30 million, a price-to-earnings ratio of -8.00 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. The company’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.10.

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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