Cartier Resources (CVE:ECR) Shares Up 11.1% – Here’s What Happened

Cartier Resources Inc. (CVE:ECRGet Free Report)’s stock price was up 11.1% on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 598,163 shares changed hands during mid-day trading, an increase of 248% from the average daily volume of 171,862 shares. The stock had previously closed at C$0.09.

Cartier Resources Price Performance

The company has a debt-to-equity ratio of 0.24, a quick ratio of 5.52 and a current ratio of 14.12. The stock has a market capitalization of C$35.18 million, a price-to-earnings ratio of -35.00 and a beta of 2.07. The business’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.08.

About Cartier Resources

(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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