Mark Farren - Ivanhoe Mines Executive VP of Operations

IVPAF Stock  USD 13.59  0.23  1.72%   

EVP

Mr. Mark Farren is a Executive Vice President Operations of Ivanhoe Mines Ltd., effective June 15, 2014 since 2014.
Age 57
Tenure 10 years
Phone604 688 6630
Webhttps://www.ivanhoemines.com
Farren will assume lead responsibilities for the various engineering and development activities now under way as Ivanhoe Mines continues to advance its three principal projects in subSaharan Africa: the Platreef platinumpalladiumgoldnickelcopper discovery in South Africa, and the Kamoa copper discovery and Kipushi zinccopper mine upgrading project in the Democratic Republic of the Congo. He previously completed a total of 22 years, assuming progressively senior responsibilities, in the South African operations of Johannesburgbased Anglo American Platinum the world leading primary producer of platinum group metals. His career with Amplats culminated with his appointment in 2009 as the group head of mining, when he was tasked to lead a strategic, companywide restructuring. He also served as a general manager overseeing operations and implementing production enhancements at a number of Amplats mining interests.

Ivanhoe Mines Management Efficiency

The company has return on total asset (ROA) of (0.0185) % which means that it has lost $0.0185 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1738 %, meaning that it generated $0.1738 on every $100 dollars invested by stockholders. Ivanhoe Mines' management efficiency ratios could be used to measure how well Ivanhoe Mines manages its routine affairs as well as how well it operates its assets and liabilities.
Ivanhoe Mines has accumulated 716.92 M in total debt with debt to equity ratio (D/E) of 0.18, which may suggest the company is not taking enough advantage from borrowing. Ivanhoe Mines has a current ratio of 22.14, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ivanhoe Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Ivanhoe Mines' 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 Ivanhoe Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ivanhoe to invest in growth at high rates of return. When we think about Ivanhoe Mines' use of debt, we should always consider it together with cash and equity.
Ivanhoe Mines Ltd. engages in the exploration, development, and recovery of minerals and precious metals located primarily in Africa. The company was incorporated in 1993 and is headquartered in Vancouver, Canada. Ivanhoe Mines operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. Ivanhoe Mines [IVPAF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Ivanhoe Mines Leadership Team

Elected by the shareholders, the Ivanhoe Mines' board of directors comprises two types of representatives: Ivanhoe Mines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ivanhoe. The board's role is to monitor Ivanhoe Mines' management team and ensure that shareholders' interests are well served. Ivanhoe Mines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ivanhoe Mines' outside directors are responsible for providing unbiased perspectives on the board's policies.
David Heerden, Chief Officer
Setha Makhesha, Ex Projects
Pierre Joubert, Ex Services
Matthew Keevil, Director Communications
Mark Farren, Executive VP of Operations
Stephen PGeo, VP Geosciences
Mary Vincelli, Corporate Secretary
Alex Pickard, VP Devel
Peter Zhou, Ex China
Martie Cloete, Pres

Ivanhoe 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 Ivanhoe Mines 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.

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Other Information on Investing in Ivanhoe OTC Stock

Ivanhoe Mines financial ratios help investors to determine whether Ivanhoe 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 Ivanhoe with respect to the benefits of owning Ivanhoe Mines security.