Mason Graphite (LLG) Price Target Cut to C$1.65

Mason Graphite (CVE:LLG) had its target price decreased by research analysts at National Bank Financial from C$1.90 to C$1.65 in a report released on Monday, February 4th. The firm presently has an “outperform” rating on the mining company’s stock. National Bank Financial’s price objective would indicate a potential upside of 275.00% from the company’s previous close.

Separately, Eight Capital cut their target price on Mason Graphite from C$3.00 to C$2.00 in a research report on Thursday, December 6th.

LLG traded up C$0.03 on Monday, reaching C$0.44. The stock had a trading volume of 236,200 shares, compared to its average volume of 178,868. Mason Graphite has a fifty-two week low of C$0.38 and a fifty-two week high of C$2.06. The stock has a market cap of $59.85 million and a PE ratio of 18.33. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 4.21.

About Mason Graphite

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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