Cartier Resources Inc. engages in the acquisition and exploration of mining properties in Canada.
Flawless balance sheet and overvalued.
Share Price & News
How has Cartier Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ECR's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: ECR exceeded the Canadian Metals and Mining industry which returned 4.3% over the past year.
Return vs Market: ECR exceeded the Canadian Market which returned 5.8% over the past year.
Price Volatility Vs. Market
How volatile is Cartier Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StCould Cartier Resources Inc.'s (CVE:ECR) Investor Composition Influence The Stock Price?
5 months ago | Simply Wall StWhat Kind Of Share Price Volatility Should You Expect For Cartier Resources Inc. (CVE:ECR)?
6 months ago | Simply Wall StIf You Had Bought Cartier Resources (CVE:ECR) Stock Five Years Ago, You Could Pocket A 50% Gain Today
Is Cartier Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ECR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ECR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ECR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ECR is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ECR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ECR is good value based on its PB Ratio (1.3x) compared to the CA Metals and Mining industry average (1.5x).
How is Cartier Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
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 SimplyWall St do have past financial data.
- Examine Cartier Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Cartier Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Cartier Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ECR is currently unprofitable.
Growing Profit Margin: ECR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ECR is unprofitable, and losses have increased over the past 5 years at a rate of -30.9% per year.
Accelerating Growth: Unable to compare ECR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ECR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).
Return on Equity
High ROE: ECR has a negative Return on Equity (-27.84%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Cartier Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ECR's short term assets (CA$6.4M) exceed its short term liabilities (CA$149.2K).
Long Term Liabilities: ECR's short term assets (CA$6.4M) exceed its long term liabilities (CA$2.0M).
Debt to Equity History and Analysis
Debt Level: ECR is debt free.
Reducing Debt: ECR had no debt 5 years ago.
Inventory Level: ECR has a high level of physical assets or inventory.
Debt Coverage by Assets: ECR's debt is covered by short term assets (assets are 2.2931475420081E+17x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ECR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ECR has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -31.4% each year.
What is Cartier Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ECR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ECR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ECR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ECR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ECR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Philippe Cloutier (54yo)
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 ro ...
CEO Compensation Analysis
Compensation vs Market: Philippe's total compensation ($USD210.81K) is above average for companies of similar size in the Canadian market ($USD155.16K).
Compensation vs Earnings: Philippe's compensation has been consistent with company performance over the past year.
|Chairman & Company Secretary||0yrs||CA$84.10k||0.27% CA$79.5k|
|Chief Financial Officer||4.8yrs||CA$148.79k||0.018% CA$5.4k|
|Vice President of Corporate Development||8.4yrs||CA$227.26k||0.063% CA$18.6k|
|Senior Geologist & Project Manager of Geomatician||0yrs||no data||no data|
Experienced Management: ECR's management team is seasoned and experienced (8.4 years average tenure).
|Chairman & Company Secretary||0yrs||CA$84.10k||0.27% CA$79.5k|
|Independent Director||6.8yrs||CA$72.10k||0.29% CA$85.2k|
|Independent Director||12.8yrs||CA$75.10k||0.34% CA$99.6k|
|Independent Director||13.6yrs||CA$72.10k||0.078% CA$23.3k|
Experienced Board: ECR's board of directors are seasoned and experienced ( 12.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ECR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cartier Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Cartier Resources Inc.
- Ticker: ECR
- Exchange: TSXV
- Founded: 2006
- Industry: Gold
- Sector: Materials
- Market Cap: CA$29.656m
- Shares outstanding: 191.33m
- Website: https://ressourcescartier.com
- Cartier Resources Inc.
- 1740, Chemin Sullivan
- Suite 1000
- J9P 7H1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ECR||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Dec 2006|
|6CA||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2006|
|ECRF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2006|
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. The company was founded in 2006 and is headquartered in Val-d'Or, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:32|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.