Cartier Resources (CVE:ECR) Shares Up 11.1% – Here’s What Happened

Cartier Resources Inc. (CVE:ECRGet Free Report) shot up 11.1% on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. 596,163 shares were traded during mid-day 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 Stock Performance

The company has a market capitalization of C$33.42 million, a PE ratio of -35.00 and a beta of 2.07. The company has a quick ratio of 5.52, a current ratio of 14.12 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average price of C$0.09 and a two-hundred day moving average price of C$0.08.

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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