Cartier Resources Inc. (CVE:ECR – Get Free Report) shares dropped 12.5% during mid-day trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 825,000 shares traded hands during trading, an increase of 238% from the average daily volume of 244,421 shares. The stock had previously closed at C$0.08.
Cartier Resources Price Performance
The firm has a market capitalization of C$28.14 million, a PE ratio of -35.00 and a beta of 2.02. The firm’s 50 day moving average price is C$0.08 and its two-hundred day moving average price is C$0.08. The company has a quick ratio of 5.52, a current ratio of 10.81 and a debt-to-equity ratio of 0.14.
About Cartier Resources
Cartier Resources Inc engages in the acquisition and exploration of mining properties in Canada. It explores for gold deposits. The company's flagship project is the Chimo mine property located to the east of Val-d'Or, Quebec. Cartier Resources Inc was incorporated in 2006 and is headquartered in Val-d'Or, Canada.
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