Cartier Resources Inc. (CVE:ECR – Get Free Report)’s share price traded down 8% on Friday . The company traded as low as C$0.12 and last traded at C$0.12. 97,000 shares were traded during mid-day trading, a decline of 55% from the average session volume of 214,051 shares. The stock had previously closed at C$0.13.
Cartier Resources Stock Performance
The firm has a market cap of C$41.93 million, a P/E ratio of -24.67 and a beta of 2.07. The company has a current ratio of 4.55, a quick ratio of 5.52 and a debt-to-equity ratio of 0.22. The company’s 50-day moving average is C$0.10 and its two-hundred day moving average is C$0.09.
About Cartier Resources
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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