Cartier Resources (ECR) AI Stock Analysis

• Market Cap: C$110.69M
• Dividend Yield: N/A
• Average Volume (3M): 602.29K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.88
• 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: 442,753,140
• 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$0.26 ▲(8.75% Upside)

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

Exploration Funding

Securing substantial funds for exploration activities strengthens Cartier's ability to advance its projects, potentially leading to resource discoveries and enhancing its long-term growth prospects.

AI Integration

The use of AI in exploration could significantly improve discovery rates and efficiency, positioning Cartier as a technologically advanced player in the mining sector, potentially reducing exploration risks and costs.

Strategic Partnerships

The involvement of Agnico Eagle Mines, a major player in the mining industry, provides strategic support and validation, potentially enhancing Cartier's exploration capabilities and market credibility.

Negative Factors

Net Losses

Ongoing net losses reflect operational inefficiencies and a lack of profitability, which could undermine investor confidence and restrict access to capital markets for future funding needs.

Negative Cash Flows

Persistent negative cash flows highlight ongoing cash management challenges, which could strain the company's financial resources and limit its ability to pursue strategic initiatives.

Lack of Revenue

The absence of revenue generation is a critical issue, limiting the company's ability to self-fund operations and invest in growth opportunities, which could hinder long-term sustainability.

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 interest in Benoist, Fenton, Wilson, Cadillac Extension, Dollier, and MacCormack metal deposit projects, which are located in Quebec. The company was incorporated in 2006 and is headquartered in Val-d'Or, Canada.

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 be sold or developed into producing mines. Key revenue streams include strategic partnerships and joint ventures with other mining companies, as well as potential future royalties or production revenues from developed properties. Additionally, Cartier Resources may raise capital through equity financing to fund its exploration activities, which is common in the mining exploration industry.

Cartier Resources Financial Statement Overview

Summary

Cartier Resources exhibits significant financial challenges with no revenue generation, consistent net losses, and negative cash flows. While maintaining low leverage, the lack of revenue and profitability poses a critical issue.

Income Statement

Cartier Resources has shown a consistent pattern of revenue being absent, with increasing net losses over the years. The absence of revenue growth and negative margins across gross profit, EBIT, and net income highlight significant challenges in generating income.

Balance Sheet

The company has maintained a low debt-to-equity ratio, indicating limited use of leverage. However, the declining equity and significant liabilities may pose risks. The equity ratio is relatively stable, suggesting a reasonable portion of the company is financed by equity.

Cash Flow

Cartier Resources exhibits negative operating and free cash flows, indicating cash outflows exceed inflows from core operations. Financing activities have provided some liquidity, but the negative growth in free cash flow suggests ongoing cash management challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
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	―	87.84K	8.97M

Cartier Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.24
• 50DMA: Positive
• 100DMA: Positive
• 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 Positive. The current price of 0.24 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.22, and above the 200-day MA of 0.16, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 59.40 is Neutral, neither overbought nor oversold. The STOCH value of 73.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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$110.69M	-6.98	-32.54%	―	―	-661.70%
MGM	50 Neutral	C$134.42M	-21.33	-91.76%	―	―	16.91%
ABI	47 Neutral	C$123.99M	-4.93	―	―	-100.00%	-7.21%
VEIN	44 Neutral	C$90.62M	-3.82	―	―	―	―

Cartier Resources Corporate Events

Cartier Resources Lifts Gold Resource at Cadillac Project, Boosting Growth and Flexibility

Cartier Resources reported a substantial increase in gold resources at its Cadillac Project, with measured and indicated resources rising 7% to 767,800 ounces and inferred resources jumping 48% to 2,416,900 ounces, underpinned by both open-pit and underground-constrained mineralization. The updated mineral resource estimate, which incorporates extensive historical and recent drilling, enhances project flexibility and de-risking, supported by existing underground infrastructure and a high-grade core sector that hosts most of the resources; combined with a large camp-scale exploration upside and an ongoing 100,000-metre drilling campaign guided by AI-assisted targeting, the project is positioned for continued resource growth and potential value creation for stakeholders.

Cartier Resources Grants Stock Options to Key Personnel

Cartier Resources Inc., a company listed on the TSX Venture Exchange, has announced the granting of 3,600,000 stock options to its directors, officers, and one employee. Each option allows the purchase of one common share at $0.225, valid until December 15, 2030, potentially impacting the company’s stockholder structure and aligning management interests with shareholder value.

Cartier Resources Unveils High-Grade Gold Discoveries at Cadillac Project

Cartier Resources has announced significant results from its drilling program at the North Contact Zone of the Cadillac Project, revealing high-grade gold intersections. These results highlight the presence of a shallow, extensive mineralized system with significant expansion potential, positioning the project as a strategic asset for potential shallow operations. The newly identified Héva Fault Zone further enhances the project’s growth prospects, with plans for further exploration to test new targets and refine the geological model.

Cartier Resources Launches Metallurgical Testwork and Ambitious Drilling Program at Cadillac Project

Cartier Resources Inc. has initiated a metallurgical testwork program on samples from its Cadillac Project in Val-d’Or, Quebec. The program aims to define gold recovery rates, establish metallurgical data for satellite deposits, and support the development of an integrated process flowsheet. Results are expected in Q1 2026. In addition, Cartier is undertaking a 100,000-meter drilling program to expand known gold zones and test new targets along the Cadillac Fault Zone, alongside environmental studies to assess the economic potential of the Chimo mine tailings.

Cartier Resources Unveils High-Grade Gold Discoveries at Cadillac Project

Cartier Resources Inc. announced significant results from its ongoing drilling program at the North Contact Zone (NCZ) of the Cadillac Project, revealing multiple high-grade gold zones. The results indicate a robust and extensive mineralized system with potential for expansion, positioning the NCZ as a strategic asset for future operations. The company plans to continue drilling to extend gold mineralization closer to the surface and explore new high-priority targets, reinforcing its strategic focus on this promising sector.

Cartier Resources Expands High-Grade Gold Potential at Cadillac Project

Cartier Resources Inc. has announced promising results from its ongoing drilling program at the North Contact Zone (NCZ) of the Cadillac Project. The latest assays reveal significant gold mineralization, with highlights including 11.0 g/t Au over 9.0 meters and 30.2 g/t Au over 2.5 meters. These results suggest a shallow and extensive mineralized system, enhancing the project’s potential for future gold production. The strategic location and minimal overburden of the NCZ offer logistical advantages, positioning it as a key asset for potential shallow operations. Further drilling is planned to expand the mineralization and explore new targets, indicating strong growth prospects for Cartier’s stakeholders.

Cartier Resources Unveils High-Grade Gold Potential at Cadillac Project

Cartier Resources Inc. has announced promising results from its ongoing drilling program at the Cadillac Project, specifically in the VG9 Zone. The recent drill holes revealed high-grade gold intersections, confirming the potential of the VG9 Zone near the surface. This discovery is strategically significant as it is located close to existing mineral resources, which could reduce development costs and improve operational efficiencies. The company plans further drilling to expand the VG9 Zone and explore additional targets, potentially enhancing the project’s economic viability.