Cartier Resources (CVE:ECR) Stock Price Up 11.1% – Should You Buy?

Cartier Resources Inc. (CVE:ECRGet Free Report) traded up 11.1% during trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 598,163 shares were traded during trading, an increase of 248% from the average session volume of 171,862 shares. The stock had previously closed at C$0.09.

Cartier Resources Stock Performance

The stock has a market cap of C$35.18 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. The company has a fifty day moving average of C$0.09 and a 200 day moving average of C$0.08.

About Cartier Resources

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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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