Cartier Resources (CVE:ECR) Sets New 52-Week High – What’s Next?

Cartier Resources Inc. (CVE:ECRGet Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as C$0.33 and last traded at C$0.32, with a volume of 556128 shares trading hands. The stock had previously closed at C$0.28.

Cartier Resources Stock Performance

The company has a market cap of C$140.54 million, a price-to-earnings ratio of -29.50 and a beta of 1.15. The firm has a 50-day simple moving average of C$0.27 and a 200 day simple moving average of C$0.26. The company has a quick ratio of 5.52, a current ratio of 10.92 and a debt-to-equity ratio of 0.07.

About Cartier Resources

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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.

Further Reading

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