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Cartier Iron Stock

Cartier Iron P/E 2024

Cartier Iron P/E

-2.03

Ticker

CFE.CN

ISIN

CA1467611010

WKN

A1KB3F

As of Sep 27, 2024, Cartier Iron's P/E ratio was -2.03, a 11.54% change from the -1.82 P/E ratio recorded in the previous year.

The Cartier Iron P/E history

Cartier Iron Aktienanalyse

What does Cartier Iron do?

Cartier Iron Corp is a Canadian mining company that focuses on the exploration, development, and production of iron ore. The company was founded in 2006 under the name Cartier Resources and initially focused on the exploration of gold and cobalt. In 2018, the company shifted its focus to iron ore production and renamed itself Cartier Iron Corp. The business model of Cartier Iron Corp is based on finding and developing high-quality iron ore deposits to later sell them. The company works closely with communities and landowners near its projects to ensure that environmental impacts are avoided and local jobs are created. Cartier Iron Corp has projects in Quebec, Canada, one of the world's major iron ore producers. The various divisions of Cartier Iron Corp are the exploration, development, and production of iron ore. The company strives to find and develop high-quality deposits to meet the increasing global demand for iron ore. Iron ore is used in the production of steel, making the iron ore market heavily dependent on steel demand. Cartier Iron Corp has a team of experienced geologists and mining specialists who assess the quality of iron ore deposits and identify the best methods for their development. The company currently operates three projects in Quebec: the Gagnon, Borel, and Lake Brouillard projects. The Gagnon project is the most significant project for Cartier Iron Corp. This project holds over 300 million tons of high-quality iron ore. The company plans to build a mine in the coming years to extract and sell the iron ore. An economic feasibility study of the project was completed in 2019 and confirmed its significant potential. The Borel project is located near the Gagnon project and was acquired by Cartier Iron Corp in 2018. There are indications of the presence of iron ore deposits that are being investigated by the company. The Lake Brouillard project was inherited by Cartier Iron Corp and is also located in Quebec. The company has conducted geophysical surveys and plans to conduct further investigations in the coming years. Cartier Iron Corp does not directly offer products to end customers. Instead, the company focuses on producing and selling high-quality iron ore. As mentioned, iron ore is used in the production of steel, so Cartier Iron Corp has customers in the steel industry. Overall, Cartier Iron Corp is a Canadian mining company specializing in iron ore production. With projects in Quebec, the company aims to find and develop high-quality iron ore deposits to meet the growing global demand for iron ore. The company has an experienced team of geologists and mining specialists who assess the quality of iron ore deposits and identify the best methods for their development. Cartier Iron ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Cartier Iron's P/E Ratio

The Price to Earnings (P/E) Ratio of Cartier Iron is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Cartier Iron's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Cartier Iron is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Cartier Iron’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Cartier Iron stock

What is the price-to-earnings ratio of Cartier Iron?

The price-earnings ratio of Cartier Iron is currently -2.03.

How has the price-earnings ratio of Cartier Iron changed compared to last year?

The price-to-earnings ratio of Cartier Iron has increased by 11.54% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Cartier Iron high compared to other companies?

Yes, the price-to-earnings ratio of Cartier Iron is high compared to other companies.

How does an increase in the price-earnings ratio of Cartier Iron affect the company?

An increase in the price-earnings ratio of Cartier Iron would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Cartier Iron affect the company?

A decrease in the price-earnings ratio of Cartier Iron would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Cartier Iron?

Some factors that influence the price-earnings ratio of Cartier Iron are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Cartier Iron pay?

Over the past 12 months, Cartier Iron paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cartier Iron is expected to pay a dividend of 0 CAD.

What is the dividend yield of Cartier Iron?

The current dividend yield of Cartier Iron is .

When does Cartier Iron pay dividends?

Cartier Iron pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Cartier Iron?

Cartier Iron paid dividends every year for the past 0 years.

What is the dividend of Cartier Iron?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Cartier Iron located?

Cartier Iron is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Cartier Iron kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cartier Iron from 9/27/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Cartier Iron pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Cartier Iron in the year 2023?

In the year 2023, Cartier Iron distributed 0 CAD as dividends.

In which currency does Cartier Iron pay out the dividend?

The dividends of Cartier Iron are distributed in CAD.

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Andere Kennzahlen von Cartier Iron

Our stock analysis for Cartier Iron Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cartier Iron Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.