Cartier Resources (CVE:ECR) Stock Jumps 1.9% – Here’s Why

Cartier Resources Inc. (CVE:ECR – Get Free Report) shot up 1.9% on Thursday. The stock traded as high as C$0.27 and last traded at C$0.27. Approximately 85,820 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 278,385 shares. The stock had previously closed at C$0.26.

Cartier Resources Stock Up 1.9%

The stock has a fifty day moving average price of C$0.29 and a 200-day moving average price of C$0.26. The firm has a market cap of C$118.23 million, a PE ratio of -29.50 and a beta of 1.12. The company has a debt-to-equity ratio of 0.07, a quick ratio of 5.52 and a current ratio of 10.92.

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.

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