Cartier Resources (CVE:ECR) Shares Up 23.5% – Time to Buy?

Cartier Resources Inc. (CVE:ECRGet Free Report) rose 23.5% during trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 917,349 shares traded hands during mid-day trading, an increase of 230% from the average daily volume of 278,001 shares. The stock had previously closed at C$0.09.

Cartier Resources Price Performance

The company has a current ratio of 14.12, a quick ratio of 5.52 and a debt-to-equity ratio of 0.24. The business has a 50-day moving average of C$0.07 and a 200 day moving average of C$0.07. The firm has a market capitalization of C$35.18 million, a PE ratio of -35.00 and a beta of 2.07.

About Cartier Resources

(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.