Cartier Resources (CVE:ECR) Trading Down 2% – What’s Next?

Cartier Resources Inc. (CVE:ECRGet Free Report)’s stock price dropped 2% on Monday . The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 158,600 shares were traded during trading, a decline of 52% from the average daily volume of 329,283 shares. The stock had previously closed at C$0.26.

Cartier Resources Price Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.52 and a current ratio of 6.10. The firm has a market cap of C$109.31 million, a price-to-earnings ratio of -24.50 and a beta of 0.96. The company’s fifty day moving average is C$0.25 and its two-hundred day moving average is C$0.25.

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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