Cartier Resources (CVE:ECR) Shares Down 8.2% – What’s Next?

Cartier Resources Inc. (CVE:ECRGet Free Report)’s stock price fell 8.2% on Monday . The stock traded as low as C$0.27 and last traded at C$0.28. Approximately 235,452 shares traded hands during trading, a decline of 16% from the average daily volume of 280,351 shares. The stock had previously closed at C$0.30.

Cartier Resources Trading Down 6.6%

The company has a debt-to-equity ratio of 0.07, a current ratio of 10.92 and a quick ratio of 5.52. The company has a market cap of C$127.16 million, a price-to-earnings ratio of -29.50 and a beta of 1.15. The business’s 50-day simple moving average is C$0.27 and its 200-day simple moving average is C$0.26.

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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