Mason Resources Inc. (CVE:LLG – Get Free Report) shares shot up 46.2% during mid-day trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.10. 915,197 shares changed hands during mid-day trading, an increase of 533% from the average session volume of 144,624 shares. The stock had previously closed at C$0.07.
Mason Resources Stock Up 23.1 %
The company has a market capitalization of C$11.30 million, a PE ratio of -8.00 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 company’s 50-day moving average is C$0.06 and its 200 day moving average is C$0.07.
Mason Resources (CVE:LLG – Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The mining company reported C($0.01) earnings per share (EPS) for the quarter. As a group, analysts anticipate that Mason Resources Inc. will post 0.11 EPS for the current 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.
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