Cartier Resources (CVE:ECR) Stock Price Down 2% – Here’s Why

Shares of Cartier Resources Inc. (CVE:ECRGet Free Report) dropped 2% during trading on Monday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 158,600 shares changed hands 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 market capitalization of C$111.54 million, a P/E ratio of -25.00 and a beta of 0.96. The business’s 50-day simple moving average is C$0.25 and its 200 day simple moving average is C$0.25. The company has a current ratio of 6.10, a quick ratio of 5.52 and a debt-to-equity ratio of 0.10.

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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