Cartier Resources Financials

ECR Stock  CAD 0.09  0.01  10.00%   
We suggest to use Cartier Resources fundamental analysis to find out if markets are presently mispricing the company. Put another way you can use it to find out if Cartier Resources is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-seven available fundamental indicators for Cartier Resources, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Cartier Resources to be traded at C$0.0855 in 90 days. Key indicators impacting Cartier Resources' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00110.0012
Notably Down
Slightly volatile
Current Ratio12.0315.0116
Significantly Down
Pretty Stable
  
Understanding current and past Cartier Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cartier Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Cartier Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cartier Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cartier Resources. Check Cartier Resources' Beneish M Score to see the likelihood of Cartier Resources' management manipulating its earnings.

Cartier Resources Stock Summary

Cartier Resources competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Cartier Resources Inc. engages in the acquisition and exploration of mining properties in Canada. The company was founded in 2006 and is headquartered in Val-dOr, Canada. CARTIER RESOURCES operates under Gold classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
  USA
Specialization
Basic Materials, Materials
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA1467721082
Business Address1740, Chemin Sullivan,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websiteressourcescartier.com
Phone819 874 1331
CurrencyCAD - Canadian Dollar
You should never invest in Cartier Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cartier Stock, because this is throwing your money away. Analyzing the key information contained in Cartier Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Cartier Resources Key Financial Ratios

There are many critical financial ratios that Cartier Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cartier Resources reports annually and quarterly.

Cartier Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets25.5M33.8M33.3M45.1M47.3M49.6M
Net Debt(7.5M)(13.1M)(6.1M)(6.9M)(6.2M)(6.5M)
Retained Earnings(17.8M)(18.6M)(18.8M)(19.9M)(21.3M)(20.2M)
Accounts Payable241.54314.29211.93869.21782.29743.17
Cash7.7M13.3M6.2M7.0M4.7M5.9M
Net Receivables742.1K970.5K124.3K359.8K258.2K348.5K
Total Liab3.1M5.8M4.6M5.6M5.1M3.1M
Total Current Assets8.5M14.4M6.5M7.4M5.2M6.6M
Common Stock37.2M43.3M43.9M55.1M63.4M66.6M
Other Liab2.0M2.3M3.4M4.0M4.6M2.5M
Net Tangible Assets22.4M28.0M28.8M39.5M45.4M22.7M
Net Invested Capital22.4M28.0M28.8M39.5M42.1M32.6M
Net Working Capital7.4M11.1M5.4M5.9M4.8M6.5M
Capital Stock37.2M43.3M43.9M55.1M59.0M50.2M

Cartier Resources Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense12.0K17.7K18.2K12.3K7.3K12.1K
Operating Income(1.1M)(1.2M)(1.4M)(1.5M)(1.7M)(1.6M)
Ebit(1.1M)(1.2M)(1.4M)(1.5M)(1.7M)(1.8M)
Ebitda(1.1M)(1.2M)(1.4M)(1.4M)(1.7M)(1.8M)
Income Before Tax(1.1M)(1.2M)(1.4M)(1.5M)(1.5M)(1.6M)
Net Income(984.9K)(852.2K)(290.4K)(1.1M)(1.4M)(1.5M)
Income Tax Expense(102.2K)(392.5K)(1.1M)(398.5K)(99.3K)(104.2K)
Tax Provision(102.2K)(392.5K)(1.1M)(398.5K)(105.5K)(110.7K)
Net Interest Income100.3K76.2K20.4K97.2K133.3K86.7K
Interest Income112.3K93.9K38.6K109.5K140.6K105.4K

Cartier Resources Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash97.2K5.6M(7.1M)772.7K(2.2M)(2.1M)
Free Cash Flow(3.6M)(4.1M)(8.3M)(5.2M)(6.3M)(6.0M)
Depreciation7.9K20.3K20.3K23.6K22.7K21.6K
Other Non Cash Items(2.2K)(24.4K)(55.7K)(12.3K)(94.6K)(89.8K)
Capital Expenditures2.9M3.1M7.4M3.7M5.3M5.5M
Net Income(984.9K)(852.2K)(290.4K)(1.1M)(1.4M)(1.5M)
End Period Cash Flow7.7M13.3M6.2M7.0M4.7M5.7M
Change To Netincome125.8K(105.5K)(674.3K)(213.0K)(191.7K)(201.3K)

Cartier Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cartier Resources's current stock value. Our valuation model uses many indicators to compare Cartier Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cartier Resources competition to find correlations between indicators driving Cartier Resources's intrinsic value. More Info.
Cartier Resources is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers . At this time, Cartier Resources' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cartier Resources' earnings, one of the primary drivers of an investment's value.

Cartier Resources Systematic Risk

Cartier Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cartier Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Cartier Resources correlated with the market. If Beta is less than 0 Cartier Resources generally moves in the opposite direction as compared to the market. If Cartier Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cartier Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cartier Resources is generally in the same direction as the market. If Beta > 1 Cartier Resources moves generally in the same direction as, but more than the movement of the benchmark.

Cartier Resources Total Assets Over Time

Today, most investors in Cartier Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cartier Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cartier Resources growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(8.84)

At this time, Cartier Resources' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Cartier Resources November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cartier Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cartier Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cartier Resources based on widely used predictive technical indicators. In general, we focus on analyzing Cartier Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cartier Resources's daily price indicators and compare them against related drivers.

Additional Tools for Cartier Stock Analysis

When running Cartier Resources' price analysis, check to measure Cartier Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cartier Resources is operating at the current time. Most of Cartier Resources' value examination focuses on studying past and present price action to predict the probability of Cartier Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cartier Resources' price. Additionally, you may evaluate how the addition of Cartier Resources to your portfolios can decrease your overall portfolio volatility.