Cartier Resources (CVE:ECR) Trading Up 10% – Here’s Why

Cartier Resources Inc. (CVE:ECRGet Free Report) shares traded up 10% during trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. 336,500 shares changed hands during mid-day trading, an increase of 90% from the average session volume of 177,426 shares. The stock had previously closed at C$0.10.

Cartier Resources Price 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 market cap of C$35.18 million, a P/E ratio of -35.00 and a beta of 2.07. The firm has a 50 day moving average price of C$0.09 and a 200 day moving average price of C$0.08.

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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