Mason Graphite Inc (CVE:LLG) shares hit a new 52-week low on Friday . The stock traded as low as C$0.36 and last traded at C$0.38, with a volume of 348814 shares trading hands. The stock had previously closed at C$0.40.
Several research analysts have weighed in on LLG shares. National Bank Financial cut their price target on Mason Graphite from C$1.90 to C$1.65 and set an “outperform” rating for the company in a report on Monday, February 4th. Eight Capital cut their price target on Mason Graphite from C$3.00 to C$2.00 in a report on Thursday, December 6th.
The company has a quick ratio of 1.87, a current ratio of 1.88 and a debt-to-equity ratio of 4.47. The firm has a market cap of $57.13 million and a price-to-earnings ratio of 28.85.
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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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