Added to YB: 2026-04-20
Pitch date: 2026-04-16
ECR.V [neutral]
Cartier Resources Inc.
-4%
current return
Author Info
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 109.3M
Pitch Price
CAD 0.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
-8.43
P/E
-7.44
EV/Sales
N/A
Sector
Metals and Mining
Category
special_situation
Cartier Resource: Inflection Point?
ECR.V (update): CEO Cloutier toured Europe/Asia (via HK investment bank) seeking institutional investors after $1M/day volume spike. Plans 100k-meter drill program to expand 3.2M oz resource to 5-10M oz at Cadillac Project, Abitibi Belt. Glenn Mullan (3 royalty co exits) joins board. Author speculates Cloutier may spin out royalty co backed by Asian capital, offering shareholders dual upside: Cartier equity + royalty stream. Near-surface results could enable starter pits feeding Agnico's nearby mill. Trading $0.245.
Read full article (8 min)