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

Cartier Resources Inc. (CVE:ECRGet Free Report)’s stock price traded up 10% during mid-day trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. 336,500 shares traded hands during 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 firm has a market capitalization of C$35.18 million, a PE ratio of -35.00 and a beta of 2.07. The company has a current ratio of 14.12, a quick ratio of 5.52 and a debt-to-equity ratio of 0.24. The stock has a 50 day simple moving average of C$0.09 and a 200 day simple moving average 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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