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

Shares of Cartier Resources Inc. (CVE:ECRGet Free Report) rose 11.1% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 596,163 shares changed hands during trading, an increase of 255% from the average daily volume of 167,806 shares. The stock had previously closed at C$0.09.

Cartier Resources Stock Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 14.12 and a quick ratio of 5.52. The company has a 50 day simple moving average of C$0.09 and a 200-day simple moving average of C$0.08. The stock has a market cap of C$33.42 million, a P/E ratio of -35.00 and a beta of 2.07.

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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