Mason Resources (CVE:LLG) Sets New 12-Month Low – Here’s Why

Shares of Mason Resources Inc. (CVE:LLG) reached a new 52-week low on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 19000 shares. The stock had previously closed at C$0.06.

Mason Resources Trading Up 9.1 %

The company has a market capitalization of C$8.48 million, a price-to-earnings ratio of -5.50 and a beta of 1.77. The company has a debt-to-equity ratio of 4.33, a quick ratio of 47.86 and a current ratio of 96.78. The business’s 50-day simple moving average is C$0.07 and its 200-day simple moving average is C$0.09.

Mason Resources (CVE:LLG) last announced its quarterly earnings data on Monday, October 28th. The mining company reported C($0.01) earnings per share (EPS) for the quarter. On average, research analysts expect that Mason Resources Inc. will post 0.11 earnings per share for the current fiscal year.

About Mason Resources

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.