Cartier Resources (CVE:ECR) Trading Down 5.6% – Should You Sell?

Cartier Resources Inc. (CVE:ECRGet Free Report)’s stock price traded down 5.6% during mid-day trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 300,000 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 287,435 shares. The stock had previously closed at C$0.09.

Cartier Resources Trading Down 5.6 %

The company has a market capitalization of C$29.90 million, a P/E ratio of -35.00 and a beta of 2.07. The company has a 50-day simple moving average of C$0.10 and a 200 day simple moving average of C$0.08. The company has a debt-to-equity ratio of 0.24, a quick ratio of 5.52 and a current ratio of 14.12.

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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