Rockne Timm - Gold Reserve CEO, Director and Chairman of Executive Committee

GDRZF Stock  USD 1.64  0.01  0.61%   

Chairman

Mr. Rockne J. Timm serves as Chief Executive Officer, Director of Gold Reserve Inc. Mr. Timms principal occupation is Chief Executive Officer of the Company, a position he has held since 1988. Mr. Timm has also served as President and Chairman of the Board from 1988 until January 2004 since 2004.
Age 77
Tenure 20 years
Phone509 623 1500
Webhttps://www.goldreserveinc.com
Timm is Chairman of the Executive Committee. He was a director and executive officer of the Company’s Venezuelan and other subsidiaries since 1992 and he is President and director of Great Basin Energies, Inc. since 1981 and MGC Ventures, Inc. since 1989.

Gold Reserve Management Efficiency

The company has return on total asset (ROA) of (0.09) % which means that it has lost $0.09 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1773) %, meaning that it generated substantial loss on money invested by shareholders. Gold Reserve's management efficiency ratios could be used to measure how well Gold Reserve manages its routine affairs as well as how well it operates its assets and liabilities.
Gold Reserve has accumulated 27.82 K in total debt. Gold Reserve has a current ratio of 43.85, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Gold Reserve until it has trouble settling it off, either with new capital or with free cash flow. So, Gold Reserve's 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 Gold Reserve sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gold to invest in growth at high rates of return. When we think about Gold Reserve's use of debt, we should always consider it together with cash and equity.

Similar Executives

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CHAIRMAN Age

Sean RoosenOsisko Gold Ro
56
Georges CohenRobex Resources
N/A
Gold Reserve Inc., an exploration stage company, acquires, explores, and develops mining properties. The company was incorporated in 1956 and is based in Spokane, Washington. Gold Reserve operates under Gold classification in the United States and is traded on OTC Exchange. It employs 6 people. Gold Reserve [GDRZF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Gold Reserve Leadership Team

Elected by the shareholders, the Gold Reserve's board of directors comprises two types of representatives: Gold Reserve inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gold. The board's role is to monitor Gold Reserve's management team and ensure that shareholders' interests are well served. Gold Reserve's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gold Reserve's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rockne Timm, CEO, Director and Chairman of Executive Committee
David Onzay, Chief Officer
Douglas Belanger, President, Director and Member of Executive Committee
BBA LLB, Ex Chairman

Gold Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Gold Reserve 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 Gold OTC Stock

Gold Reserve financial ratios help investors to determine whether Gold OTC Stock 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 Gold with respect to the benefits of owning Gold Reserve security.