Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Cartier Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Cartier Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cartier Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Cartier Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Cartier Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Cartier Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Cartier Resources is high growth as no earnings estimate data is available.
Unable to determine if Cartier Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Cartier Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Cartier Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Cartier Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Cartier Resources's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Cartier Resources's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Cartier Resources has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Philippe Cloutier, P.Geo. has been the Chief Executive Officer and President of Cartier Resources Inc. since May 31, 2007. Mr. Cloutier has a discovery-oriented career. He has played an instrumental role in the discovery and delineation of Noranda's Bell-Allard South Cu-Zn Mine in Matagami, Quebec. He has over 25 years of experience in the mining exploration and development business. Since September 2002, he serves as member of the Order of Geologist professional inspection committee. He has been working in the mining exploration field for Management Information Circular Resources Cartier Inc. He is the Founder and Chairman of Minière Grayton Inc. since December 2003. His areas of expertise include a full range of management operations for mineral mining exploration programs, the development and implementation of programs to identify new business opportunities and new projects. Mr. Cloutier has developed his skills working with various mining companies, such as Noranda Inc. where he worked as Project Geologist from 1989 to 1992, Aur Resources Inc., where he served as a Senior Geologist from September 1996 to December 2003 and SOQUEM Inc. where he served as Project Geologist from October 1994 to September 1996. He served as the Vice President of Exploration at Alexis Minerals Corp. He has been involved in the discoveries of the Montbray and West Ansil VMS Deposits located in Rouyn-Noranda, Quebec. Throughout his career, he has gained a vast experience in deep drilling (greater than 1000m) techniques, Borehole Pulse EM geophysical targeting, Titan24 surveying and geochemical/geological interpretation with respect to Volcanogenic Massive Sulphide Deposits. He served as the Chairman of Cartier Resources and has been its Director since May 31, 2007. He served as Chairman of the Board and Director at Nevado Resources Corporation from July 14, 2016 to June 15, 2017. He serves as Director of Imperial Mining Group Ltd. He served as a Member of Advisory Board at Megastar Development Corp. since April 10, 2006 and served as its Director since July 21, 2006. He serves as a Director of the Quebec Mineral Exploration Association (QMEA) and is a Director of the Chamber of commerce of the City of Val-d'Or, Quebec. Mr. Cloutier received a Bachelor of Science in Geology from the University of Montreal in 1986 and a certificate in Human Resource Management at University of Quebec Abitibi-Temiskaming.
Philippe's compensation has increased whilst company is loss making.
Philippe's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Cartier Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Chairman & Company Secretary
Chief Financial Officer
Vice President of Corporate Development
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Cartier Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Chairman & Company Secretary
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Cartier Resources insiders in the past 3 months, but not in substantial volumes.
Investors Who Bought Cartier Resources (CVE:ECR) Shares Three Years Ago Are Now Up 59%
Cartier Resources didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). … For example, investors may be hoping that Cartier Resources finds some valuable resources, before it runs out of money. … Of course, if you time it right, high risk investments like this can really pay off, as Cartier Resources investors might know.
Is Cartier Resources Inc (CVE:ECR) A Volatile Stock?
If you're interested in Cartier Resources Inc (CVE:ECR), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.
Cartier Resources Inc (CVE:ECR): Risks You Need To Consider Before Buying
Broadly speaking, there are two types of risk you should consider when investing in stocks such as ECR. … The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.
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 in Val-d'Or. The company was founded in 2006 and is headquartered in Val-d'Or, Canada.
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