Cartier Resources (CVE:ECR) Trading 11.1% Higher – Here’s Why

Cartier Resources Inc. (CVE:ECRGet Free Report)’s stock price traded up 11.1% during trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 596,163 shares traded hands during mid-day trading, an increase of 255% from the average session volume of 167,806 shares. The stock had previously closed at C$0.09.

Cartier Resources Stock Up 5.6 %

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 moving average of C$0.09 and a 200 day moving average of C$0.08. The firm has a market capitalization of C$33.42 million, a price-to-earnings ratio of -35.00 and a beta of 2.07.

About Cartier Resources

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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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