Added to YB: 2024-08-23
Pitch date: 2024-08-22
ECR.V [bullish]
Cartier Resources Inc.
+340%
current return
Author Info
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Cartier Resources Inc. engages in the acquisition and exploration of mining properties in Canada. The company explores for gold deposits.
Market Cap
CAD 92.9M
Pitch Price
CAD 0.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
-7.18
P/E
-6.29
EV/Sales
N/A
Sector
Metals and Mining
Category
value
Show full summary:
Unloved: Cartier Resources has Windfall Lake Surrounded
ECR.V: Abitibi gold explorer w/ 2.3M oz at Chimo (PEA, 920m shaft). 3 projects near Windfall (Osisko/Goldfields $2.16B deal). $0.04/sh = opportunity. PEA: $1750 Au, 120M CAPEX. At $2500 Au, 1.4yr payback. Nearby mills could cut CAPEX. $21M MCap undervalued in gold bull market.
Read full article (3 min)