Mason Resources (CVE:LLG) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Mason Resources Inc. (CVE:LLGGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.08 and traded as high as C$0.10. Mason Resources shares last traded at C$0.09, with a volume of 50,000 shares changing hands.

Mason Resources Price Performance

The firm has a market capitalization of C$15.24 million, a PE ratio of -3.00 and a beta of 1.40. The company has a 50-day moving average price of C$0.09 and a 200 day moving average price of C$0.08.

Mason Resources Company Profile

(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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