Mason Graphite Inc (CVE:LLG) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.21, with a volume of 70070 shares traded. The stock had previously closed at C$0.20.
Separately, National Bank Financial decreased their price objective on Mason Graphite from C$0.90 to C$0.60 and set an “outperform” rating for the company in a research note on Monday, October 7th.
The company has a market cap of $27.25 million and a PE ratio of 1.58. The company has a quick ratio of 9.01, a current ratio of 9.03 and a debt-to-equity ratio of 4.33. The firm has a 50 day simple moving average of C$0.21 and a 200-day simple moving average of C$0.28.
Mason Graphite Inc, a mining and processing company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. It owns a 100% interest in the Lac Guéret graphite property, which consists of 215 claims covering an area of 11,630 hectares located in northeastern Quebec.
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