National Bank Financial Cuts Mason Graphite (CVE:LLG) Price Target to C$0.60

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Mason Graphite (CVE:LLG) had its price target decreased by National Bank Financial from C$0.90 to C$0.60 in a research report report published on Monday morning, BayStreet.CA reports. National Bank Financial currently has an outperform rating on the mining company’s stock.

CVE LLG opened at C$0.24 on Monday. The company has a debt-to-equity ratio of 4.33, a current ratio of 1.87 and a quick ratio of 1.86. The stock’s 50-day moving average is C$0.27 and its two-hundred day moving average is C$0.33. The firm has a market cap of $31.33 million and a P/E ratio of 13.06. Mason Graphite has a fifty-two week low of C$0.22 and a fifty-two week high of C$0.96.

Mason Graphite Company Profile

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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