Cartier Resources (CVE:ECR) Trading 11.1% Higher – What’s Next?

Cartier Resources Inc. (CVE:ECRGet Free Report)’s share price shot up 11.1% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 596,163 shares traded hands during trading, an increase of 255% from the average session volume of 167,806 shares. The stock had previously closed at C$0.09.

Cartier Resources Trading Up 10.0 %

The company has a market cap of C$38.70 million, a P/E ratio of -35.00 and a beta of 2.07. The stock’s 50-day moving average is C$0.09 and its two-hundred day moving average is C$0.08. 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.

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