Mason Resources (CVE:LLG) Trading Down 25% – Should You Sell?

Mason Resources Inc. (CVE:LLGGet Free Report) shares were down 25% on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 666,655 shares were traded during trading, an increase of 392% from the average daily volume of 135,593 shares. The stock had previously closed at C$0.12.

Mason Resources Stock Performance

The stock has a market capitalization of C$14.15 million, a P/E ratio of 1.91 and a beta of 1.77. The stock’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07.

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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