Cartier Resources (CVE:ECR) Shares Climb 1.9% – Here’s Why

Cartier Resources Inc. (CVE:ECR – Get Free Report)’s stock price shot up 1.9% on Thursday. The company traded as high as C$0.27 and last traded at C$0.27. 85,820 shares were traded during trading, a decline of 69% from the average session volume of 278,385 shares. The stock had previously closed at C$0.26.

Cartier Resources Stock Performance

The stock’s fifty day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.26. The company has a market cap of C$118.23 million, a price-to-earnings ratio of -29.50 and a beta of 1.12. The company has a debt-to-equity ratio of 0.07, a quick ratio of 5.52 and a current ratio of 10.92.

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.

See Also

Receive News & Ratings for Cartier Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cartier Resources and related companies with MarketBeat.com's FREE daily email newsletter.