Cartier Resources (ECR) AI Stock Analysis

• Market Cap: C$107.03M
• Dividend Yield: N/A
• Average Volume (3M): 602.29K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.28
• Revenue Growth: N/A
• EPS Growth: -661.70%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 445,978,150
• 10 Day Avg. Volume: 583,748
• 30 Day Avg. Volume: 602,292
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -23.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: C$0.30 ▲(14.23% Upside)
• Action: Upgraded Date: 12/30/25
• Date: Action: Upgraded 12/30/25

The score is held back primarily by weak financial performance (no revenue, widening losses, and ongoing cash burn), partially offset by a strong low-debt balance sheet. Technicals are constructive with price above key moving averages, though momentum looks stretched (RSI ~70). Recent corporate events are notably positive, highlighted by a sizable resource expansion and continued high-grade exploration progress, but valuation remains constrained by the company’s loss-making status and lack of dividend.

Positive Factors

Conservatively levered balance sheet (very low debt)

Very low absolute debt (~$56k TTM) and near-zero leverage give Cartier durable financial flexibility typical for explorers. This reduces solvency risk, lowers fixed obligations during multi-year programs, and makes it easier to structure option/JV deals without immediate debt pressures.

Negative Factors

No operating revenue and widening net losses

The absence of operating revenue and materially larger losses (-$10.1M 2024; -$13.1M TTM) are structural constraints. Without revenue, the company relies on financings; persistent losses erode shareholder capital and raise dilution risk if exploration results don't convert to monetizable assets.

Cartier Resources Business Overview & Revenue Model

Company Description

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 inter...

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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 inter...

How the Company Makes Money

Cartier Resources makes money primarily through the discovery and development of mineral resources, particularly gold. The company generates revenue by increasing the value of its mineral properties through exploration activities, which can then b...

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Cartier Resources makes money primarily through the discovery and development of mineral resources, particularly gold. The company generates revenue by increasing the value of its mineral properties through exploration activities, which can then b...

Cartier Resources Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-25.19K	-24.34K	-22.74K	-23.56K	-20.33K	-20.27K
EBITDA	-14.98M	-11.18M	-1.51M	-1.40M	-1.31M	-1.21M
Net Income	-13.11M	-10.14M	-1.39M	-1.11M	-290.44K	-852.00K
Balance Sheet
Total Assets	44.82M	37.81M	47.26M	45.14M	33.30M	33.76M
Cash, Cash Equivalents and Short-Term Investments	10.21M	1.37M	4.85M	7.01M	6.28M	13.27M
Total Debt	55.95K	83.00K	118.67K	85.24K	119.99K	157.15K
Total Liabilities	5.47M	4.35M	5.14M	5.63M	4.55M	5.75M
Stockholders Equity	39.36M	33.46M	42.12M	39.51M	28.75M	28.01M
Cash Flow
Free Cash Flow	-1.55M	-1.20M	-6.34M	-5.15M	-8.25M	-4.12M
Operating Cash Flow	-1.06M	-1.20M	-1.08M	-1.44M	-856.52K	-993.83K
Investing Cash Flow	-2.39M	-3.74M	-5.26M	-3.57M	-6.30M	-2.38M
Financing Cash Flow	12.10M	1.43M	4.10M	5.78K	87.84K	8.97M

Cartier Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ECR, the sentiment is Neutral. The current price of 0.26 is above the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.27, and above the 200-day MA of 0.21, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 47.89 is Neutral, neither overbought nor oversold. The STOCH value of 60.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:ECR.

Cartier Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ECR	55 Neutral	C$107.03M	-39.48	-36.15%	―	―	-661.70%
VEIN	51 Neutral	C$135.63M	-7.36	―	―	―	―
MGM	45 Neutral	C$161.22M	―	-88.13%	―	―	16.91%
ABI	42 Neutral	C$125.25M	-27.33	1090.02%	―	-100.00%	-7.21%

Cartier Resources Corporate Events