Mason Resources (CVE:LLG) Shares Pass Below Two Hundred Day Moving Average of $0.15

Mason Resources Inc. (CVE:LLG)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.15 and traded as low as C$0.11. Mason Resources shares last traded at C$0.11, with a volume of 40,801 shares traded.

Mason Resources Stock Down 12.5 %

The company has a current ratio of 29.35, a quick ratio of 47.86 and a debt-to-equity ratio of 4.33. The firm has a market capitalization of C$14.84 million, a P/E ratio of -3.50 and a beta of 1.84. The stock’s 50-day simple moving average is C$0.12 and its 200-day simple moving average is C$0.15.

Mason Resources (CVE:LLG) last released its earnings results on Wednesday, May 29th. 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.