Mason Resources (CVE:LLG) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Mason Resources Inc. (CVE:LLGGet Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.07 and traded as low as C$0.06. Mason Resources shares last traded at C$0.06, with a volume of 15,000 shares.

Mason Resources Stock Performance

The company has a debt-to-equity ratio of 4.33, a current ratio of 96.78 and a quick ratio of 47.86. The company has a market cap of C$8.48 million, a price-to-earnings ratio of -6.00 and a beta of 1.77. The stock has a 50-day moving average price of C$0.07 and a 200 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.

Further Reading

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