Cartier Resources Inc. (CVE:ECR) Director Philippe Cloutier Purchases 200,000 Shares

Cartier Resources Inc. (CVE:ECR) Director Philippe Cloutier purchased 200,000 shares of the business’s stock in a transaction dated Wednesday, January 29th. The shares were purchased at an average cost of C$0.10 per share, for a total transaction of C$20,000.00.

Cartier Resources Trading Up 11.1 %

CVE ECR traded up C$0.01 on Thursday, reaching C$0.10. The company had a trading volume of 54,000 shares, compared to its average volume of 183,553. The stock’s 50 day moving average is C$0.09 and its 200-day moving average is C$0.08. The stock has a market cap of C$35.18 million, a price-to-earnings ratio of -35.00 and a beta of 2.07. The company has a quick ratio of 5.52, a current ratio of 14.12 and a debt-to-equity ratio of 0.24. Cartier Resources Inc. has a 52 week low of C$0.05 and a 52 week high of C$0.14.

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.