Cartier Resources Inc. (CVE:ECR – Get Free Report)’s stock price shot up 4.5% on Wednesday . The company traded as high as C$0.13 and last traded at C$0.12. 145,223 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 213,351 shares. The stock had previously closed at C$0.11.
Cartier Resources Stock Performance
The company’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.10. The company has a quick ratio of 5.52, a current ratio of 4.55 and a debt-to-equity ratio of 0.22. The company has a market cap of C$41.93 million, a P/E ratio of -24.67 and a beta of 2.07.
About Cartier Resources
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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