Mason Resources (CVE:LLG) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Mason Resources Inc. (CVE:LLG)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.07 and traded as high as C$0.08. Mason Resources shares last traded at C$0.07, with a volume of 73,500 shares trading hands.

Mason Resources Stock Performance

The company has a quick ratio of 47.86, a current ratio of 96.78 and a debt-to-equity ratio of 4.33. The stock has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07. The company has a market capitalization of C$9.89 million, a price-to-earnings ratio of -7.00 and a beta of 1.77.

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.