Cartier Resources (CVE:ECR) Given a C$0.28 Price Target at Fundamental Research

Fundamental Research set a C$0.28 price target on Cartier Resources (CVE:ECRGet Rating) in a report published on Tuesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Cartier Resources Trading Down 10.0 %

Cartier Resources stock opened at C$0.09 on Tuesday. The company has a current ratio of 7.34, a quick ratio of 7.22 and a debt-to-equity ratio of 0.28. Cartier Resources has a 12 month low of C$0.09 and a 12 month high of C$0.25. The stock’s 50 day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.12. The firm has a market cap of C$25.06 million and a PE ratio of -30.00.

About Cartier Resources

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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. It also holds interest in Benoist, Fenton, Wilson, Cadillac Extension, Dollier, and MacCormack metal deposit projects, which are located in Quebec.

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