Mason Resources (CVE:LLG) Sets New 12-Month Low – What’s Next?

Shares of Mason Resources Inc. (CVE:LLGGet Free Report) reached 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 2000 shares. The stock had previously closed at C$0.07.

Mason Resources Stock Down 7.1 %

The firm’s 50 day simple moving average is C$0.07 and its 200-day simple moving average is C$0.09. The company has a market cap of C$9.18 million, a price-to-earnings ratio of -7.00 and a beta of 1.77. The company has a debt-to-equity ratio of 4.33, a current ratio of 96.78 and a quick ratio of 47.86.

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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