cartier resources inc (ECR:Venture)
cartier resources inc (ECR) Snapshot
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Open
C$0.12
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Previous Close
C$0.12
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Day High
C$0.12
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Day Low
C$0.11
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52 Week High
08/23/12 - C$0.27
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52 Week Low
05/17/13 - C$0.11
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Market Cap
6.4M
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Average Volume 10 Days
27.5K
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EPS TTM
C$-0.04
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Shares Outstanding
58.0M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
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Cartier Resources Inc. engages in the acquisition and exploration of mining properties with a focus on the prolific Abitibi Gold Belt in Quebec, Canada. It primarily explores for gold, as well as for zinc, silver, and copper. The company holds a 100% interest in mining properties, including the Preissac, MacCormack, Rambull, Newconex-Ouest, Cadillac Extension, Xstrata-Option, Dollier, La Pause, and Diego properties located in Quebec. It also has an option to acquire a 100% interest in the Benoist property located north-west of the town of Lebel-sur-Quévillon in the province of Quebec. The company was incorporated in 2006 and is headquartered in Val d'Or, Canada.
cartier resources inc (ECR) Top Compensated Officers
cartier resources inc (ECR) Key Developments
Cartier Resources Inc. filed its Annual on Apr 23, 2013 for the period ending Dec 31, 2012. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Cartier Resources Inc. announced that a drill program is currently underway on the Benoist property. The drilling objective is to intersect, at a vertical depth between 400 m and 600 m, the extension of the Pusticamica gold deposit and the extensions of the new gold zone discovered in 2012. The work, consisting of 6 drill holes totalling 4,200 m, will be completed in late March 2013. The new 2012 gold zone is positioned 450 m below the Pusticamica deposit. It consists of high gold grades up to 24.5 g/t Au over 3.0 m, enclosed within a gold-bearing envelope with drilled grades on the order of one gram of gold over intervals of more than 100 m. The Benoist property is 65 km northeast of the town of Lebel-sur-Quévillon, 25 km from the Bachelor gold mine in Desmaraisville, and 25 km from the Gonzague-Langlois zinc-copper mine belonging to Nyrstar.
Cartier Resources Inc. announced additional drill results from recent drilling that confirm the continuity at depth of the Pusticamica gold deposit on the Benoist project. The new results increase the volume of the gold mineralized zone. Additional sampling in drill Hole Pu-12-01 yielded 24.5 g/t gold over 3.0 meters at a depth of 475 meters and is included within a mineralized envelop that grades 0.9 g/t gold over 134.0 meters. This new gold intersection, along the depth extension of the Pusticamica Gold-Bearing Zone, is situated over 200 meters from historical drilling and is located 27 meters from a high grade intersection recently announced grading 9.3 g/t gold over 3.0 meters included within an interval grading 0.6 g/t Au over 73.0 meters.
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Industry Analysis
ECR
Industry Average
| Valuation | ECR | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 0.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact CARTIER RESOURCES INC, please visit www.ressourcescartier.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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