Mason Graphite Inc (CVE:LLG) had its target price raised by equities research analysts at National Bank Financial from C$2.50 to C$2.60 in a research report issued to clients and investors on Thursday. The firm currently has an “outperform” rating on the mining company’s stock. National Bank Financial’s price objective suggests a potential upside of 48.57% from the company’s current price.

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In related news, Director Tyrone Mark Docherty sold 150,000 shares of Mason Graphite stock in a transaction on Tuesday, June 27th. The stock was sold at an average price of C$1.70, for a total transaction of C$255,000.00. Insiders have purchased 25,200 shares of company stock valued at $41,131 in the last three months.

About Mason Graphite

Mason Graphite Inc is a Canada-based exploration-stage company. The Company is engaged in exploration and evaluation of the Lac Gueret graphite property located in Quebec, Canada. The Company’s Lac Gueret graphite property consists of approximately 215 claims covering an area of approximately 11,630.34 hectares, located in the Cote-Nord region in northeastern Quebec.

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