Mason Resources (CVE:LLG) Stock Passes Above 200 Day Moving Average – Should You Sell?

Shares of Mason Resources Inc. (CVE:LLGGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 Price Performance

The company has a fifty day moving average price of C$0.10 and a two-hundred day moving average price of C$0.09. The company has a market capitalization of C$14.39 million, a P/E ratio of 0.71 and a beta of -0.93.

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

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