Mason Resources (CVE:LLG) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Shares of Mason Resources Inc. (CVE:LLGGet Free Report) passed above its 200-day moving average during trading on Tuesday . 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 43,500 shares changing hands.

Mason Resources Stock Performance

The stock has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.08. The stock has a market cap of C$15.24 million, a price-to-earnings ratio of -1.80 and a beta of 1.07.

About Mason Resources

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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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