Mason Resources (CVE:LLG) Sets New 52-Week Low – Here’s Why

Mason Resources Inc. (CVE:LLG)’s stock price hit a new 52-week low on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 226000 shares. The stock had previously closed at C$0.08.

Mason Resources Stock Down 6.7 %

The stock’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.10. The company has a debt-to-equity ratio of 4.33, a current ratio of 96.78 and a quick ratio of 47.86. The stock has a market capitalization of C$9.89 million, a P/E ratio of -7.00 and a beta of 1.77.

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.