Want to see TSE:ECR full AI Analyst Report?
Top Page
Cartier Resources
(ECR)
Select Model
Select Model
Rating:54Neutral
Price Target:
C$0.30
▲(0.33% Upside)
Action:Reiterated
Date:08/22/26
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and sustained negative operating/free cash flow). Offsetting this is a strong technical backdrop with the price above major moving averages and positive MACD, though momentum is nearing overbought. Valuation contributes negatively because earnings are negative (P/E not supportive) and no dividend yield is provided.
Positive Factors
Very Low Leverage
A conservative capital structure limits debt-service and insolvency risk, preserving financial flexibility as Cartier advances exploration. This is an important cushion for a pre-revenue company whose funding needs may remain dependent on external capital.
Negative Factors
No Revenue Base
Without revenue, Cartier cannot fund operations through customer sales and has limited visibility into future earnings. The company must continue investing ahead of commercialization, making results dependent on exploration success and eventual project development.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
A conservative capital structure limits debt-service and insolvency risk, preserving financial flexibility as Cartier advances exploration. This is an important cushion for a pre-revenue company whose funding needs may remain dependent on external capital.
Read all positive factors
Cartier Resources (ECR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$138.31M
Dividend YieldN/A
Average Volume (3M)213.72K
Price to Earnings (P/E)―
Beta (1Y)1.13
Revenue GrowthN/A
EPS Growth87.43%
CountryCA
Employees10
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding446,160,130
10 Day Avg. Volume299,470
30 Day Avg. Volume213,724
Financial Highlights & Ratios
PEG Ratio0.38
Price to Book (P/B)2.67
Price to Sales (P/S)0.00
P/FCF Ratio-59.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Cartier Resources Business Overview & Revenue Model
Company Description
Cartier Resources Inc. operates in Canada, concentrating on the acquisition and exploration of mining sites, with a particular focus on discovering gold deposits. Its most significant undertaking is the Chimo mine property, situated just east of V...
How the Company Makes Money
null...
Cartier Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
25
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -29.73K | -26.31K | -24.34K | -22.74K | -23.56K | -20.33K |
| EBITDA | 155.00K | -2.14M | -11.18M | -1.51M | -1.40M | -1.31M |
| Net Income | -2.00M | -4.34M | -10.14M | -1.39M | -1.11M | -290.44K |
Balance Sheet | ||||||
| Total Assets | 43.38M | 44.43M | 37.81M | 47.26M | 45.14M | 33.30M |
| Cash, Cash Equivalents and Short-Term Investments | 5.64M | 7.88M | 1.37M | 4.85M | 7.01M | 6.28M |
| Total Debt | 28.29K | 46.80K | 83.00K | 118.67K | 85.24K | 119.99K |
| Total Liabilities | 4.73M | 5.26M | 4.35M | 5.14M | 5.63M | 4.55M |
| Stockholders Equity | 38.64M | 39.18M | 33.46M | 42.12M | 39.51M | 28.75M |
Cash Flow | ||||||
| Free Cash Flow | -2.18M | -1.77M | -1.20M | -6.34M | -5.15M | -8.25M |
| Operating Cash Flow | -2.14M | -1.73M | -1.20M | -1.08M | -1.44M | -856.52K |
| Investing Cash Flow | -3.73M | -2.54M | -3.74M | -5.26M | -3.57M | -6.30M |
| Financing Cash Flow | 462.06K | 10.79M | 1.43M | 4.10M | 5.78K | 87.84K |
Cartier Resources Technical Analysis
Positive
0.30
Price Trends
0.27
Positive
0.26
Positive
0.26
Positive
Market Momentum
<0.01
Positive
58.18
Neutral
61.21
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 0.3 is above the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.27, and above the 200-day MA of 0.26, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 58.18 is Neutral, neither overbought nor oversold. The STOCH value of 61.21 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | C$138.31M | -79.49 | -5.12% | ― | ― | 87.43% | |
48 Neutral | C$214.53M | -8.58 | -120.80% | ― | ― | -208.22% | |
46 Neutral | C$92.51M | -21.84 | -20.85% | ― | ― | 13.27% | |
40 Underperform | C$101.46M | -4.27 | 1459.01% | ― | 702525.37% | -10.56% |
* General Sector Average
TSE:ECR
Cartier Resources
0.31
0.14
82.35%
TSE:ABI
Abcourt Mines
0.09
0.02
21.43%
TSE:MGM
Maple Gold Mines Ltd
2.89
1.44
99.31%
TSE:BLLG
Blue Lagoon Resources
0.64
0.00
0.00%
TSE:ACM
DeepRock Minerals
2.15
1.54
252.46%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.