Shares of Cartier Resources Inc. (CVE:ECR – Get Free Report) rose 11.1% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 596,163 shares changed hands during mid-day trading, an increase of 255% from the average daily volume of 167,806 shares. The stock had previously closed at C$0.09.
Cartier Resources Stock Performance
The company has a quick ratio of 5.52, a current ratio of 14.12 and a debt-to-equity ratio of 0.24. The stock has a 50 day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.08. The stock has a market capitalization of C$38.70 million, a P/E ratio of -35.00 and a beta of 2.07.
Cartier Resources Company Profile
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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