Mason Resources (CVE:LLG) Stock Passes Above 200-Day Moving Average – Here’s Why

Mason Resources Inc. (CVE:LLGGet Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.07 and traded as high as C$0.07. Mason Resources shares last traded at C$0.07, with a volume of 160,600 shares trading hands.

Mason Resources Stock Performance

The firm has a market capitalization of C$11.00 million, a P/E ratio of 1.48 and a beta of 1.77. The stock has a fifty day moving average price of C$0.07 and a two-hundred day moving average price of C$0.07.

About Mason Resources

(Get Free Report)

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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