Cartier Resources (CVE:ECR) Trading Up 2.2% – Time to Buy?

Cartier Resources Inc. (CVE:ECRGet Free Report)’s share price traded up 2.2% on Tuesday . The stock traded as high as C$0.24 and last traded at C$0.24. 165,440 shares traded hands during trading, a decline of 57% from the average session volume of 386,305 shares. The stock had previously closed at C$0.23.

Cartier Resources Trading Up 2.2%

The firm has a market cap of C$104.05 million, a price-to-earnings ratio of -5.88 and a beta of 1.40. The company has a fifty day moving average price of C$0.26 and a 200-day moving average price of C$0.24. The company has a current ratio of 6.01, a quick ratio of 5.52 and a debt-to-equity ratio of 0.14.

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.

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