Mason Resources (CVE:LLG) Trading Up 38.5% – Here’s Why

Mason Resources Inc. (CVE:LLG) shares traded up 38.5% during trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.09. 961,197 shares were traded during mid-day trading, an increase of 538% from the average session volume of 150,695 shares. The stock had previously closed at C$0.07.

Mason Resources Stock Performance

The company has a quick ratio of 47.86, a current ratio of 96.78 and a debt-to-equity ratio of 4.33. The firm has a market capitalization of C$12.72 million, a PE ratio of -9.00 and a beta of 1.77. The firm’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07.

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. As a group, research 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.