Mason Graphite (LLG) Price Target Cut to C$0.90

Mason Graphite (LLG) Price Target Cut to C$0.90

Mason Graphite (CVE:LLG) had its target price decreased by National Bank Financial from C$1.65 to C$0.90 in a research note issued to investors on Wednesday morning, BayStreet.CA reports. National Bank Financial currently has an outperform rating on the mining company’s stock. National Bank Financial also issued estimates for Mason Graphite’s Q3 2019 earnings at ($0.01) EPS and Q4 2019 earnings at ($0.01) EPS.

LLG stock traded up C$0.01 during trading on Wednesday, hitting C$0.39. The company had a trading volume of 80,710 shares, compared to its average volume of 178,154. The company has a market capitalization of $47.68 million and a PE ratio of 19.25. Mason Graphite has a 52-week low of C$0.25 and a 52-week high of C$1.85. The company has a debt-to-equity ratio of 4.33, a current ratio of 1.88 and a quick ratio of 1.87.

Mason Graphite (CVE:LLG) last posted its quarterly earnings results on Thursday, February 28th. The mining company reported C($0.01) EPS for the quarter. Sell-side analysts forecast that Mason Graphite will post -0.0299999991428572 EPS for the current fiscal year.

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.

See Also: Initial Public Offering (IPO)

Related posts

Leave a Comment