Gorden Glenn - Minnova Corp Chairman

MCI Stock  CAD 0.05  0.00  0.00%   

Chairman

Mr. Gorden Glenn is Chairman of the Board, President, Chief Executive Officer of Auriga Gold Corporationration Mr. Glenn has over 20 years of financial markets experience including mining finance, MA, project valuation, and geological experience. since 2014.
Tenure 10 years
Address 217 Queen Street West, Toronto, ON, Canada, M5V 0R2
Phone647-985-2785
Webhttps://minnovacorp.ca

Minnova Corp Management Efficiency

The company has return on total asset (ROA) of (1.623) % which means that it has lost $1.623 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3161) %, meaning that it generated substantial loss on money invested by shareholders. Minnova Corp's management efficiency ratios could be used to measure how well Minnova Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Minnova Corp's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 0.09 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (1.60). Debt To Assets is likely to climb to 0.55 in 2024, whereas Total Assets are likely to drop slightly above 211 K in 2024.
Minnova Corp has accumulated 117.16 K in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Minnova Corp has a current ratio of 0.13, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Minnova Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Minnova Corp'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 Minnova Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minnova to invest in growth at high rates of return. When we think about Minnova Corp's use of debt, we should always consider it together with cash and equity.

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CHAIRMAN Age

Andreas FSAIMMQ Gold Resources
62
It holds 100 percent interests in the PL Gold mine and the Nokomis property in Peru. Minnova Corp. was incorporated in 1994 and is based in Toronto, Canada. MINNOVA CORP is traded on Commodity Exchange in Exotistan. Minnova Corp (MCI) is traded on TSX Venture Exchange in Canada and employs 7 people. Minnova Corp is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Minnova Corp Leadership Team

Elected by the shareholders, the Minnova Corp's board of directors comprises two types of representatives: Minnova Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Minnova. The board's role is to monitor Minnova Corp's management team and ensure that shareholders' interests are well served. Minnova Corp'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, Minnova Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
James White, Independent Director
Gorden BScH, President Chairman
BA LLB, Corp CFO
Christopher Irwin, Interim Chief Financial Officer, Corporate Secretary, Director
Brian Robertson, Independent Director
Richard Sutcliffe, Director
Gorden Glenn, Chairman of the Board, President, Chief Executive Officer

Minnova Stock Performance Indicators

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Additional Tools for Minnova Stock Analysis

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