Cartier Resources (CVE:ECR) Shares Down 12.5%

Shares of Cartier Resources Inc. (CVE:ECRGet Free Report) traded down 12.5% on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07. 825,000 shares traded hands during trading, an increase of 238% from the average session volume of 244,421 shares. The stock had previously closed at C$0.08.

Cartier Resources Price Performance

The company has a debt-to-equity ratio of 0.14, a quick ratio of 5.52 and a current ratio of 10.81. The firm has a market capitalization of C$28.14 million, a price-to-earnings ratio of -35.00 and a beta of 2.02. The business has a fifty day moving average of C$0.08 and a two-hundred day moving average of C$0.08.

Cartier Resources Company Profile

(Get Free Report)

Cartier Resources Inc engages in the acquisition and exploration of mining properties in Canada. It explores for gold deposits. The company's flagship project is the Chimo mine property located to the east of Val-d'Or, Quebec. Cartier Resources Inc was incorporated in 2006 and is headquartered in Val-d'Or, Canada.

Further Reading

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