Mo Ahmad - MGX Minerals Co Accountant

Insider

Mo Ahmad is Co Accountant of MGX Minerals
Phone604-681-7735
Webhttps://www.mgxminerals.com

MGX Minerals Management Efficiency

The company has return on total asset (ROA) of (0.1458) % which means that it has lost $0.1458 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (4.0764) %, meaning that it generated substantial loss on money invested by shareholders. MGX Minerals' management efficiency ratios could be used to measure how well MGX Minerals manages its routine affairs as well as how well it operates its assets and liabilities.
MGX Minerals has accumulated 2.98 M in total debt with debt to equity ratio (D/E) of 0.05, which may suggest the company is not taking enough advantage from borrowing. MGX Minerals has a current ratio of 0.08, 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 MGX Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, MGX Minerals' 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 MGX Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MGX to invest in growth at high rates of return. When we think about MGX Minerals' use of debt, we should always consider it together with cash and equity.

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MGX Minerals Inc. engages in the acquisition, exploration, and development of mineral resource properties and industrial technologies. In addition, it owns, operates, and sells water treatment systems to the oil and gas industry and owns lithium extraction technology from brine, which eliminates the need for solar evaporation. Mgx Minerals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. MGX Minerals [MGXMF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

MGX Minerals Leadership Team

Elected by the shareholders, the MGX Minerals' board of directors comprises two types of representatives: MGX Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MGX. The board's role is to monitor MGX Minerals' management team and ensure that shareholders' interests are well served. MGX Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MGX Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Mo Ahmad, Co Accountant
PGeo Geo, VP CEO

MGX Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is MGX Minerals 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 MGX Pink Sheet

MGX Minerals financial ratios help investors to determine whether MGX Pink Sheet 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 MGX with respect to the benefits of owning MGX Minerals security.