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Cartier Resources Inc
XTSX:ECR

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Cartier Resources Inc
XTSX:ECR
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Price: 0.245 CAD 2.08% Market Closed
Market Cap: CA$109.3m

P/B

2.8
Current
216%
More Expensive
vs 3-y average of 0.9

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.8
=
Market Cap
CA$128.4m
/
Total Equity
CA$39.4m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.8
=
Market Cap
CA$128.4m
/
Total Equity
CA$39.4m

Valuation Scenarios

Cartier Resources Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (0.9), the stock would be worth CA$0.08 (68% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-68%
Maximum Upside
+53%
Average Downside
20%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.8 CA$0.25
0%
3-Year Average 0.9 CA$0.08
-68%
5-Year Average 1 CA$0.09
-62%
Industry Average 4.2 CA$0.37
+53%
Country Average 2.7 CA$0.24
-3%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CA
Cartier Resources Inc
XTSX:ECR
108.5m CAD 2.8 -8.3
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 054 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
653.6B ZAR 4.7 11.2
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
171.1B ZAR 3.3 10.5
CN
Zijin Mining Group Co Ltd
SSE:601899
914.7B CNY 4.9 14.8
US
Newmont Corporation
NYSE:NEM
131.4B USD 3.9 18.6
CA
Agnico Eagle Mines Ltd
TSX:AEM
136.2B CAD 4 22.4
CA
Barrick Gold Corp
TSX:ABX
92.2B CAD 2.6 13.8
CA
Barrick Mining Corp
F:ABR0
57.1B EUR 2.6 13.8
CA
Wheaton Precious Metals Corp
TSX:WPM
88.1B CAD 7.2 42.5
HK
Zijin Gold International Co Ltd
HKEX:2259
428.5B HKD 6.5 34.2

Market Distribution

In line with most companies in Canada
Percentile
51st
Based on 3 061 companies
51st percentile
2.8
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

Cartier Resources Inc
Glance View

Market Cap
109.3m CAD
Industry
Metals & Mining

Cartier Resources, Inc. operates as an exploration company. The company is headquartered in Val-D'Or, Quebec. The company went IPO on 2006-12-28. The firm's activities primarily include the acquisition and exploration of mining properties in Canada. The firm focuses on the Chimo Mine property, which is situated approximately 50 kilometers (km) south east of Val-d’Or. Chimo Mine consists of approximately 12 contiguous claims covering an area of about 334 hectares (ha). Its Benoist property consists of approximately of 73 claims, which is located in Miquelon, Quebec. Its Fenton property consists of approximately 18 contiguous cells, which is located in Chapais, Quebec. Its Wilson property consists of approximately 42 contiguous claims covering a surface area of about 1,660 ha. Its Cadillac Extension property consists of approximately 39 claims. Its Dollier property consists of approximately 40 map staked contiguous cells covering an area of about 2,228 ha. Its MacCormack property consists of approximately 89 claims covering an area of about 3,808 ha.

ECR Intrinsic Value
0.023 CAD
Overvaluation 91%
Intrinsic Value
Price CA$0.245
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