Cartier Resources (CVE:ECR) Reaches New 52-Week Low – Here’s Why

Cartier Resources Inc. (CVE:ECR – Get Free Report)’s share price hit a new 52-week low during trading on Monday. The stock traded as low as C$0.17 and last traded at C$0.18, with a volume of 310,365 shares. The stock had previously closed at C$0.19.

Cartier Resources Price Performance

The company has a fifty day moving average of C$0.28 and a 200-day moving average of C$0.26. The firm has a market cap of C$80.31 million, a P/E ratio of -29.50 and a beta of 1.12. The company has a debt-to-equity ratio of 0.07, a current ratio of 10.92 and a quick ratio of 5.52.

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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