Mason Resources (CVE:LLG) Trading Up 38.5% – What’s Next?

Shares of Mason Resources Inc. (CVE:LLG) were up 38.5% during trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.09. Approximately 961,197 shares were traded during mid-day trading, an increase of 538% from the average daily volume of 150,695 shares. The stock had previously closed at C$0.07.

Mason Resources Trading Up 38.5 %

The company has a market cap of C$12.72 million, a price-to-earnings ratio of -9.00 and a beta of 1.77. The company’s 50 day moving average price is C$0.06 and its 200 day moving average price is C$0.07. The company has a debt-to-equity ratio of 4.33, a quick ratio of 47.86 and a current ratio of 96.78.

Mason Resources (CVE:LLG) last posted its earnings results on Monday, October 28th. The mining company reported C($0.01) earnings per share for the quarter. Research analysts anticipate that Mason Resources Inc. will post 0.11 EPS for the current 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.