Cartier Resources (CVE:ECR) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Cartier Resources Inc. (CVE:ECRGet Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.26 and traded as low as C$0.25. Cartier Resources shares last traded at C$0.27, with a volume of 132,578 shares changing hands.

Cartier Resources Stock Up 3.9%

The business has a 50-day simple moving average of C$0.26 and a 200-day simple moving average of C$0.26. The company has a market cap of C$118.23 million, a PE ratio of -26.50 and a beta of 1.15. The company has a quick ratio of 5.52, a current ratio of 6.10 and a debt-to-equity ratio of 0.10.

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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