Free Trial

Cartier Resources (CVE:ECR) Hits New 1-Year High - Here's What Happened

Cartier Resources logo with Basic Materials background

Key Points

  • Cartier Resources Inc. (CVE:ECR)'s stock reached a new 12-month high of C$0.16 during trading, marking a notable increase from its previous close of C$0.15.
  • The company has a strong liquidity position with a current ratio of 4.55 and a debt-to-equity ratio of 0.22, indicating a solid financial foundation.
  • Cartier Resources focuses on gold exploration and its flagship project is the Chimo mine property in Quebec, Canada.
  • Want stock alerts on Cartier Resources? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Cartier Resources Inc. (CVE:ECR - Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$0.16 and last traded at C$0.16, with a volume of 89000 shares. The stock had previously closed at C$0.15.

Cartier Resources Stock Performance

The company has a fifty day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.12. 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 company has a market cap of C$70.61 million, a PE ratio of -5.33 and a beta of 1.08.

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.

Further Reading

Should You Invest $1,000 in Cartier Resources Right Now?

Before you consider Cartier Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cartier Resources wasn't on the list.

While Cartier Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

$15 Billion for Cybersecurity: The Government’s Next Big Push
Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything
Top Trades: Massive Gains and Costly Mistakes to Avoid

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines