| PEX Stock | | | CAD 0.03 0.01 16.67% |
Insider
Paul Jago is Chief Geologist of Pacific Ridge Exploration
| Address | 1111 Melville Street, Vancouver, BC, Canada, V6E 3V6 |
| Phone | 604 687 4951 |
| Web | https://www.pacificridgeexploration.com |
Pacific Ridge Management Efficiency
The company has return on total asset
(ROA) of
(0.4841) % which means that it has lost $0.4841 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.8228) %, meaning that it generated substantial loss on money invested by shareholders. Pacific Ridge's management efficiency ratios could be used to measure how well Pacific Ridge manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to climb to -1.44 in 2024.
Return On Capital Employed is likely to climb to -1.78 in 2024. At this time, Pacific Ridge's
Non Currrent Assets Other are fairly stable compared to the past year.
Net Tangible Assets is likely to climb to about 8.3
M in 2024, whereas
Non Current Assets Total are likely to drop slightly above 2.4
M in 2024.
Pacific Ridge Exploration has accumulated 62.71
K in total debt with debt to equity ratio
(D/E) of 2.4, implying the company greatly
relies on financing operations through barrowing. Pacific Ridge Exploration has a current ratio of 2.45, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Pacific Ridge until it has trouble settling it off, either with new capital or with free cash flow. So, Pacific Ridge'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 Pacific Ridge Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pacific to invest in growth at high rates of return. When we think about Pacific Ridge's use of debt, we should always consider it together with cash and equity.
Pacific Ridge Exploration Ltd., an exploration stage company, engages in the acquisition and exploration of resource properties in Canada and the United States. Pacific Ridge Exploration Ltd. was founded in 1979 and is headquartered in Vancouver, Canada. PACIFIC RIDGE operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. Pacific Ridge Exploration (PEX) is traded on TSX Venture Exchange in Canada and employs 8 people. Pacific Ridge is listed under Diversified Metals & Mining category by Fama And French industry classification.
Management Performance
Pacific Ridge Exploration Leadership Team
Elected by the shareholders, the Pacific Ridge's board of directors comprises two types of representatives: Pacific Ridge inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pacific. The board's role is to monitor Pacific Ridge's management team and ensure that shareholders' interests are well served. Pacific Ridge'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, Pacific Ridge's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pacific Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Pacific Ridge 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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Additional Tools for Pacific Stock Analysis
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