Andrew Smith - True North Interim Chief Executive Officer, Director

TGX Stock  CAD 0.05  0.00  0.00%   

CEO

Mr. Andrew Lee Smith is Interim Chief Executive Officer, Director of True North Gems Inc. He serves as Professional Geologist President and Chief Executive Officer from February 2008 to February 2010 and a director of the Corporation since May 2001 President, Chief Executive Officer and director of Canaco Resources since 2004 President, Chief Executive Officer and director of Tigray Resources since 2010 President of Iron Mask Explorations Ltd., a private mining and exploration consulting firm, since March 1998. since 2017.
Age 59
Tenure 7 years
Address 409 Granville Street, Vancouver, BC, Canada, V6C 1T2
Phone604 687 8055
Webhttps://www.truenorthgems.com

Andrew Smith Latest Insider Activity

Tracking and analyzing the buying and selling activities of Andrew Smith against True North stock is an integral part of due diligence when investing in True North. Andrew Smith insider activity provides valuable insight into whether True North is net buyers or sellers over its current business cycle. Note, True North insiders must abide by specific rules, including filing SEC forms every time they buy or sell True North'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

True North Management Efficiency

The company has return on total asset (ROA) of (0.9529) % which means that it has lost $0.9529 on every $100 spent on assets. This is way below average. True North's management efficiency ratios could be used to measure how well True North manages its routine affairs as well as how well it operates its assets and liabilities. Total Assets is likely to drop to about 84.3 K in 2024. Net Tangible Assets is likely to climb to about (5.5 M) in 2024
True North Gems has accumulated 6.8 M in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. True North Gems has a current ratio of 0.01, 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 True North until it has trouble settling it off, either with new capital or with free cash flow. So, True North'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 True North Gems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for True to invest in growth at high rates of return. When we think about True North's use of debt, we should always consider it together with cash and equity.

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True North Gems Inc. engages in the acquisition, exploration, and development of mineral properties. True North Gems Inc. was founded in 2001 and is based in Vancouver, Canada. TRUE NORTH operates under Other Precious Metals Mining classification in Canada and is traded on TSX Venture Exchange. True North Gems (TGX) is traded on TSX Venture Exchange in Canada and employs 9 people. True North is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

True North Gems Leadership Team

Elected by the shareholders, the True North's board of directors comprises two types of representatives: True North inside directors who are chosen from within the company, and outside directors, selected externally and held independent of True. The board's role is to monitor True North's management team and ensure that shareholders' interests are well served. True North'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, True North's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ken Ralfs, Director
Sherry Siu, Sec
CPA CMA, CEO Director
Glen Macdonald, Director
Andrew Smith, Interim Chief Executive Officer, Director
Christopher Richards, Chief Financial Officer
FCPA FCA, Chief Officer
Owen King, CEO Director
Andrew Fagan, Project Mang

True 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 True North 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.

Thematic Opportunities

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Additional Tools for True Stock Analysis

When running True North's price analysis, check to measure True North's 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 True North is operating at the current time. Most of True North's value examination focuses on studying past and present price action to predict the probability of True North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True North's price. Additionally, you may evaluate how the addition of True North to your portfolios can decrease your overall portfolio volatility.