Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Cartier Silver Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. It explores for iron ore, silver, and gold deposits. The company owns a 55% interest in the Round Lake and Jeannine properties consisting of 87 claims covering an area of approximately 46.03 square kilometers located in the Fermont iron ore district in the Labrador Trough in northeastern Quebec; and holds a 100% interest in the Chorrillos project which comprises two separate properties, such as Gonalbert Mining area and Felicidad Mining area located in southern Bolivia. It also holds a 100% interest in the Big Easy property that consists of 278 mining claims covering an area of 70 square kilometers located in Newfoundland and Labrador. The company was formerly known as Cartier Iron Corporation and changed its name to Cartier Silver Corporation in November 2022. Cartier Silver Corporation was incorporated in 1985 and is based in Toronto, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E.