| ECRFF Stock | | | USD 0.08 0.01 14.29% |
President
Dr. Gaetan Lavalliere, Ph.D. is Vice President at Cartier Resources Inc. For over 25 years, Mr. Lavalliere has worked in the field of mineral exploration. From 1985 to 1994, he worked for Noranda, Inc. Horne Division, Les Mines Selbaie and Noranda Minerals Matagami Division. Then, from 1994 to 2006, he was Regional Manager of Exploration for SOQUEM, Inc. From 2006 to 2007, he was Exploration Manager for Canadian Royalties. Finally, from 2007 to September 2011 he was General Manager at GROUPE MISA. He was awarded several awards between 1990 and 2009. He graduated with a Bachelor Degree in Geology from the Universite de Montreal and a Ph.D. in Mineral Resources from the Universite du Quebec a Chicoutimi . His specialization is in metallogeny and optimization of associated exploration strategies.
| Professional Marks | Ph.D |
| Phone | 819 874 1331 |
| Web | https://ressourcescartier.com |
Cartier Resources Management Efficiency
The company has return on total asset
(ROA) of
(0.0219) % which means that it has lost $0.0219 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.0253) %, meaning that it generated substantial loss on money invested by shareholders. Cartier Resources' management efficiency ratios could be used to measure how well Cartier Resources manages its routine affairs as well as how well it operates its assets and liabilities.
Cartier Resources has accumulated 40
K in total debt with debt to equity ratio
(D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Cartier Resources has a current ratio of 7.19, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Cartier Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Cartier Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cartier Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cartier to invest in growth at high rates of return. When we think about Cartier Resources' use of debt, we should always consider it together with cash and equity.
Similar Executives
Cartier Resources Inc. engages in the acquisition and exploration of mining properties in Canada. The company was incorporated in 2006 and is headquartered in Val-dOr, Canada. Cartier Resources operates under Gold classification in the United States and is traded on OTC Exchange. Cartier Resources [ECRFF] is a
Pink Sheet which is traded through a dealer network over-the-counter (OTC).
Management Performance
Cartier Resources Leadership Team
Elected by the shareholders, the Cartier Resources' board of directors comprises two types of representatives: Cartier Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cartier. The board's role is to monitor Cartier Resources' management team and ensure that shareholders' interests are well served. Cartier Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cartier Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Cartier Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Cartier Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Other Information on Investing in Cartier Pink Sheet
Cartier Resources financial ratios help investors to determine whether Cartier Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cartier with respect to the benefits of owning Cartier Resources security.