Cartier Resources (CVE:ECR) Trading 18.8% Higher – Here’s Why

Cartier Resources Inc. (CVE:ECRGet Free Report)’s share price rose 18.8% during mid-day trading on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 261,000 shares changed hands during trading, a decline of 9% from the average daily volume of 288,046 shares. The stock had previously closed at C$0.08.

Cartier Resources Stock Performance

The stock has a market capitalization of C$35.18 million, a PE ratio of -35.00 and a beta of 2.07. The firm has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.07. The company has a current ratio of 14.12, a quick ratio of 5.52 and a debt-to-equity ratio of 0.24.

Cartier Resources Company Profile

(Get Free Report)

Cartier Resources Inc engages in the acquisition and exploration of mining properties in Canada. The company explores for gold deposits. Its flagship project is the Chimo mine property located to the east of Val-d'Or, Quebec. The company was incorporated in 2006 and is headquartered in Val-D'or, Canada.

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