Cartier Resources (CVE:ECR) Hits New 12-Month High – Should You Buy?

by · The Cerbat Gem

Cartier Resources Inc. (CVE:ECR – Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as C$0.27 and last traded at C$0.27, with a volume of 419200 shares trading hands. The stock had previously closed at C$0.26.

Cartier Resources Price Performance

The company has a current ratio of 4.55, a quick ratio of 5.52 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of C$117.33 million, a price-to-earnings ratio of -6.63 and a beta of 1.56. The company’s 50 day moving average is C$0.23 and its 200-day moving average is C$0.19.

Cartier Resources Company Profile

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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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