Mason Resources (CVE:LLG) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?
by Amy Steele · The Cerbat GemShares of Mason Resources Inc. (CVE:LLG – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.09 and traded as high as C$0.09. Mason Resources shares last traded at C$0.09, with a volume of 198,020 shares trading hands.
Mason Resources Trading Up 5.9%
The stock has a 50-day moving average of C$0.10 and a two-hundred day moving average of C$0.09. The firm has a market cap of C$15.24 million, a price-to-earnings ratio of 0.75 and a beta of -0.93.
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.