Alexander Lemon - Mkango Resources Pres and Executive Director

MKA Stock  CAD 0.17  0.01  5.56%   

Director

Mr. Alexander Lemon serves as President, Director of Mkango Resources Ltd. He was an executive director of Leo Mining Exploration Limited and of Lancaster since September 2007. From 2006 to 2007 he worked as a Consultant. From 2001 to 2005 Mr. Lemon worked as the Advisor to the Chairman of Allied Commercial Group. since 2010.
Tenure 14 years
Address 550 Burrard Street, Vancouver, BC, Canada, V6C 0A3
Phone403-444-5979
Webhttps://mkango.ca

Mkango Resources Management Efficiency

The company has return on total asset (ROA) of (0.3511) % which means that it has lost $0.3511 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.1474) %, meaning that it generated substantial loss on money invested by shareholders. Mkango Resources' management efficiency ratios could be used to measure how well Mkango Resources manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -1.48 in 2024. Return On Capital Employed is likely to climb to -0.59 in 2024. At this time, Mkango Resources' Total Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 2.7 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 88.8 K in 2024.
Mkango Resources has accumulated 4.73 M in total debt with debt to equity ratio (D/E) of 0.5, which is about average as compared to similar companies. Mkango Resources has a current ratio of 8.45, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Mkango Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Mkango Resources' 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 Mkango Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mkango to invest in growth at high rates of return. When we think about Mkango Resources' use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

DIRECTOR Age

BSc QPGrande Portage Resources
N/A
Mkango Resources Ltd., through its subsidiary, Lancaster Exploration Limited, explores for and develops rare earth elements and associated minerals in the Republic of Malawi, Africa. It also holds 100 percent interests in the Thambani and Chimimbe Hill licenses. MKANGO RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. Mkango Resources (MKA) is traded on TSX Venture Exchange in Canada and employs 4 people. Mkango Resources is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Mkango Resources Leadership Team

Elected by the shareholders, the Mkango Resources' board of directors comprises two types of representatives: Mkango Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mkango. The board's role is to monitor Mkango Resources' management team and ensure that shareholders' interests are well served. Mkango Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mkango Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
BSc CFA, CEO CoFounder
CTA ACA, Executive Officer
Robert Sewell, Chief Officer
Alexander Lemon, Pres and Executive Director

Mkango Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for Mkango Stock Analysis

When running Mkango Resources' price analysis, check to measure Mkango Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mkango Resources is operating at the current time. Most of Mkango Resources' value examination focuses on studying past and present price action to predict the probability of Mkango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mkango Resources' price. Additionally, you may evaluate how the addition of Mkango Resources to your portfolios can decrease your overall portfolio volatility.