Cartier Resources (CVE:ECR) Trading Down 1.8% – Here’s Why

Cartier Resources Inc. (CVE:ECRGet Free Report)’s stock price fell 1.8% during trading on Monday . The company traded as low as C$0.26 and last traded at C$0.27. Approximately 104,221 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 292,034 shares. The stock had previously closed at C$0.28.

Cartier Resources Stock Performance

The business has a fifty day simple moving average of C$0.26 and a two-hundred day simple moving average of C$0.26. The company has a debt-to-equity ratio of 0.10, a current ratio of 6.10 and a quick ratio of 5.52. The company has a market cap of C$120.46 million, a PE ratio of -27.00 and a beta of 1.11.

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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