Cartier Resources (CVE:ECR) Trading 11.1% Higher – Time to Buy?

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 were traded 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 Trading Up 5.6 %

The firm has a fifty day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.08. The firm has a market capitalization of C$33.42 million, a P/E ratio of -35.00 and a beta of 2.07. The company has a debt-to-equity ratio of 0.24, a current ratio of 14.12 and a quick ratio of 5.52.

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.

Read More

Receive News & Ratings for Cartier Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cartier Resources and related companies with MarketBeat.com's FREE daily email newsletter.