Cartier Resources Inc. (CVE:ECR – Get Free Report)’s stock price was up 19% on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 883,094 shares were traded during trading, an increase of 176% from the average daily volume of 320,385 shares. The stock had previously closed at C$0.21.
Cartier Resources Trading Up 19.0%
The business’s 50 day simple moving average is C$0.21 and its 200 day simple moving average is C$0.17. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.55 and a quick ratio of 5.52. The company has a market capitalization of C$110.69 million, a price-to-earnings ratio of -6.25 and a beta of 1.26.
Insider Buying and Selling at Cartier Resources
In other news, insider Nancy Lacoursiere sold 292,378 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of C$0.20, for a total value of C$58,475.60. Following the transaction, the insider owned 439,700 shares of the company’s stock, valued at approximately C$87,940. The trade was a 39.94% decrease in their ownership of the stock. Company insiders own 29.79% of the company’s stock.
Cartier Resources Company Profile
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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