Nancy Lacoursiere Sells 292,378 Shares of Cartier Resources (CVE:ECR) Stock

Key Points

• Nancy Lacoursiere, an insider at Cartier Resources, sold 292,378 shares of the company's stock at an average price of C$0.20, resulting in a total transaction of C$58,475.60.
• Following the sale, Lacoursiere's ownership decreased by 39.94%, leaving her with 439,700 shares valued at approximately C$87,940.
• Cartier Resources’ stock experienced a 12.8% increase on the following trading day, reaching a price of C$0.22.

Cartier Resources Inc. (CVE:ECR - ) insider Nancy Lacoursiere sold 292,378 shares of the company's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of C$0.20, for a total transaction of C$58,475.60. Following the completion of the transaction, the insider directly owned 439,700 shares in the company, valued at C$87,940. The trade was a 39.94% decrease in their position.

Cartier Resources Trading Up 12.8%

Shares of ECR stock traded up C$0.03 during trading hours on Friday, hitting C$0.22. The company had a trading volume of 660,850 shares, compared to its average volume of 249,732. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.55 and a quick ratio of 5.52. The stock has a market capitalization of C$97.09 million, a PE ratio of -5.50 and a beta of 1.20. The company's fifty day moving average is C$0.16 and its 200 day moving average is C$0.13. Cartier Resources Inc. has a fifty-two week low of C$0.08 and a fifty-two week high of C$0.22.

Cartier Resources Company Profile

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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