Cartier Resources (CVE:ECR) Trading Up 23.5% – Time to Buy?

Cartier Resources Inc. (CVE:ECRGet Free Report) was up 23.5% during trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 917,349 shares were traded during trading, an increase of 230% from the average daily volume of 278,001 shares. The stock had previously closed at C$0.09.

Cartier Resources Stock Performance

The company has a debt-to-equity ratio of 0.24, a quick ratio of 5.52 and a current ratio of 14.12. The business’s fifty day simple moving average is C$0.07 and its 200-day simple moving average is C$0.07. The firm has a market capitalization of C$36.94 million, a PE ratio of -35.00 and a beta of 2.07.

About Cartier Resources

(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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