Cartier Resources (CVE:ECR) Stock Price Up 16.7% – Here’s Why

Cartier Resources Inc. (CVE:ECRGet Free Report) shot up 16.7% on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25. 888,594 shares were traded during mid-day trading, an increase of 177% from the average session volume of 320,590 shares. The stock had previously closed at C$0.21.

Key Stores Impacting Cartier Resources

Here are the key news stories impacting Cartier Resources this week:

  • Neutral Sentiment: What to paste: full article text or direct links to news items (press releases, regulatory filings, analyst notes, or media reports) from the last 24–36 hours.
  • Neutral Sentiment: What I’ll produce: a short investor-focused summary explaining why ECR’s stock moved (positive/neutral/negative drivers), relevance to the company’s fundamentals (exploration results, financing, resource updates, permits, M&A, commodity prices), and any immediate catalysts to watch.

Cartier Resources Price Performance

The stock has a market cap of C$108.47 million, a P/E ratio of -6.13 and a beta of 1.26. The business has a 50-day simple moving average of C$0.21 and a 200 day simple moving average of C$0.17. The company has a current ratio of 4.55, a quick ratio of 5.52 and a debt-to-equity ratio of 0.22.

Insiders Place Their Bets

In other Cartier Resources news, insider Nancy Lacoursiere sold 292,378 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of C$0.20, for a total transaction of C$58,475.60. Following the completion of the sale, the insider owned 439,700 shares of the company’s stock, valued at approximately C$87,940. This represents a 39.94% decrease in their position. Corporate insiders own 29.79% of the company’s stock.

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.

See Also

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