National Bank Thinks Mason Graphite’s Stock is Going to Recover


Mason Graphite (LLG), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Rupert Merer from National Bank reiterated a Buy rating, with a C$1.65 price target.

According to TipRanks.com, Merer is ranked #3791 out of 5142 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mason Graphite with a C$1.65 average price target.

The company has a one-year high of C$2.10 and a one-year low of C$0.44. Currently, Mason Graphite has an average volume of 125.1K.

Mason Graphite, Inc. operates as a mining and mineral company, which engages in the exploration and development of its graphite deposit. It holds interests in Lac Gueret graphite property located in northeastern Quebec. The company was founded on March 15, 2011 and is headquartered in Laval, Canada.

The company’s shares closed on Monday at C$0.49, close to its 52-week low of C$0.44.

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