Mason Resources (CVE:LLG) Trading Up 14.3% – Time to Buy?

Mason Resources Inc. (CVE:LLG) shot up 14.3% on Monday . The stock traded as high as C$0.08 and last traded at C$0.08. 467,296 shares were traded during trading, an increase of 245% from the average session volume of 135,419 shares. The stock had previously closed at C$0.07.

Mason Resources Stock Up 14.3%

The company has a market cap of C$13.54 million, a P/E ratio of 1.33 and a beta of -0.86. The company has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.09.

About Mason Resources

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. The company was formerly known as Mason Graphite Inc and changed its name to Mason Resources Inc in October 2023.