Mason Graphite (CVE:LLG) Stock Passes Above 200 Day Moving Average of $0.00

Mason Graphite Inc (CVE:LLG) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.29. Mason Graphite shares last traded at $0.29, with a volume of 11,220 shares traded.

Separately, National Bank Financial reduced their price objective on Mason Graphite from C$1.65 to C$0.90 and set an “outperform” rating on the stock in a research note on Wednesday, May 15th.

The business has a 50 day moving average of C$0.31. The company has a quick ratio of 1.86, a current ratio of 1.87 and a debt-to-equity ratio of 4.33. The company has a market capitalization of $42.23 million and a P/E ratio of 15.83.

Mason Graphite (CVE:LLG) last issued its quarterly earnings data on Tuesday, May 28th. The mining company reported C($0.01) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of C($0.01). As a group, analysts anticipate that Mason Graphite Inc will post -0.02 earnings per share for the current fiscal year.

About Mason Graphite (CVE:LLG)

Mason Graphite Inc, a mining and processing company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. It owns a 100% interest in the Lac Guéret graphite property, which consists of 215 claims covering an area of 11,630 hectares located in northeastern Quebec.

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