| SRCH Stock | | | USD 0 0.0003 11.54% |
Chairman
Mr. Martin B. Oring is President, Chief Executive Officer, Director of Searchlight Minerals Corporationration Mr. Oring was a member of board of directors since October 6, 2008 and Chairman of the board, President and Chief Executive Officer since October 1, 2010. Mr. Oring, has served as the President of Wealth Preservation, LLC, since 2001. Since the founding of Wealth Preservation, LLC in 2001, Mr. Oring has completed the financial engineering, structuring, and implementation of over 1 billion of proprietary tax and estate planning products in the capital markets and insurance areas for wealthy individuals and corporations. From 1998 until 2001, Mr. Oring served as Managing Director, Executive Services at Prudential Securities, Inc. From 1996 to 1998, he served as Managing Director, Capital Markets. From 1989 until 1996, he managed the Debt and Capital Management group at The Chase Manhattan Corporation as Manager of Capital Planning . Prior to joining Chase Manhattan, he spent approximately eighteen years in a variety of management positions with Mobil Corporationrationration, one of the worlds energy companies. When he left Mobil in 1986, he was Manager, Capital Markets Investment Banking . Mr. Oring is also currently a director and chief executive officer of PetroHunter Energy Corporationrationration, and was previously a director of Parallel Petroleum Corporationrationration, each of which is a publicly traded oil and gas exploration and production company. He also serves as a director of Falcon Oil Gas Australia Limited since 2010.
| Age | 77 |
| Tenure | 15 years |
| Professional Marks | MBA |
| Phone | 702-939-5247 |
| Web | https://www.searchlightminerals.com |
Oring has served as a Lecturer at Lehigh University, the New York Institute of Technology, New York University, Xerox Corporationrationrationration, Salomon Brothers, Merrill Lynch, numerous Advanced Management Seminars, and numerous inhouse management courses for a variety of corporations and organizations. He has an MBA Degree in Production Management, Finance and Marketing from the Graduate School of Business at Columbia University, and a B.S. Degree in Mechanical Engineering from Carnegie Institute of Technology.
Searchlight Minerals Management Efficiency
The company has return on total asset
(ROA) of
(0.026) % which means that it has lost $0.026 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity
(ROE) of
(0.1904) %, meaning that it created substantial loss on money invested by shareholders. Searchlight Minerals' management efficiency ratios could be used to measure how well Searchlight Minerals manages its routine affairs as well as how well it operates its assets and liabilities.
Searchlight Minerals Corp currently holds 40.85
K in liabilities with Debt to Equity
(D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Searchlight Minerals Corp has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Searchlight Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Searchlight 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 Searchlight Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Searchlight to invest in growth at high rates of return. When we think about Searchlight Minerals' use of debt, we should always consider it together with cash and equity.
Searchlight Minerals Corp., an exploration stage company, engages in a slag reprocessing project and the acquisition and exploration of mineral properties in the United States. Searchlight Minerals Corp. was founded in 1999 and is based in Henderson, Nevada. Searchlight Mine operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 11 people. Searchlight Minerals Corp [SRCH] is a
Pink Sheet which is traded between brokers as part of OTC trading.
Management Performance
Searchlight Minerals Corp Leadership Team
Elected by the shareholders, the Searchlight Minerals' board of directors comprises two types of representatives: Searchlight Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Searchlight. The board's role is to monitor Searchlight Minerals' management team and ensure that shareholders' interests are well served. Searchlight 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, Searchlight Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Martin Oring, Chairman, CEO and President Member of Nominating and Governance Committee and Member of Disclosure Committee | |
| Charles Ager, Consultant | |
Searchlight 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 Searchlight 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 Searchlight Pink Sheet
Searchlight Minerals financial ratios help investors to determine whether Searchlight 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 Searchlight with respect to the benefits of owning Searchlight Minerals security.