Cartier Resources Inc.

Cartier Resources Inc.verified

ECR.V

Price:

$0.115

Market Cap:

$40.46M

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.[Read more]

Industry

Gold

IPO Date

2007-10-25

Stock Exchange

TSXV

Ticker

ECR.V

The Current Ratio as of November 2024 (TTM) for Cartier Resources Inc. (ECR.V) is 14.12

According to Cartier Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 14.12. This represents a change of 12.01% compared to the average of 12.61 of the last 4 quarters.

Cartier Resources Inc. (ECR.V) Historical Current Ratio (quarterly & annually)

How has ECR.V Current Ratio performed in the past?

The mean historical Current Ratio of Cartier Resources Inc. over the last ten years is 9.97. The current 14.12 Current Ratio has changed 14.06% with respect to the historical average. Over the past ten years (40 quarters), ECR.V's Current Ratio was at its highest in in the September 2019 quarter at 42.65. The Current Ratio was at its lowest in in the March 2021 quarter at 4.11.

Quarterly (TTM)
Annual

Average

9.97

Median

6.79

Minimum

4.36

Maximum

27.21

Cartier Resources Inc. (ECR.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cartier Resources Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 263.92%

Maximum Annual Current Ratio = 27.21

Minimum Annual Increase = -70.47%

Minimum Annual Current Ratio = 4.36

Quarterly (TTM)
Annual
YearCurrent RatioChange
202315.01221.03%
20224.68-23.05%
20216.0839.40%
20204.36-45.74%
20198.03-70.47%
201827.21262.72%
20177.50-55.35%
201616.80263.92%
20154.62-15.31%
20145.45-9.99%

Cartier Resources Inc. (ECR.V) Average Current Ratio

How has ECR.V Current Ratio performed in the past?

The current Current Ratio of Cartier Resources Inc. (ECR.V) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

8.59

5-year avg

7.63

10-year avg

9.97

Cartier Resources Inc. (ECR.V) Current Ratio vs. Peers

How is ECR.V’s Current Ratio compared to its peers?

Cartier Resources Inc.’s Current Ratio is greater than Galway Metals Inc. (3.11), greater than TriStar Gold, Inc. (9.57), greater than Bonterra Resources Inc. (1.65), greater than Maritime Resources Corp. (1.83), less than Banyan Gold Corp. (16.68),

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