James Philip - Thor Explorations VP Devel

THXPF Stock  USD 0.21  0.04  16.00%   

Insider

James Philip is VP Devel of Thor Explorations
Phone778 658 6391
Webhttps://www.thorexpl.com

Thor Explorations Management Efficiency

The company has return on total asset (ROA) of 0.0545 % which means that it generated a profit of $0.0545 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2136 %, meaning that it generated $0.2136 on every $100 dollars invested by stockholders. Thor Explorations' management efficiency ratios could be used to measure how well Thor Explorations manages its routine affairs as well as how well it operates its assets and liabilities.
Thor Explorations has accumulated 32.75 M in total debt with debt to equity ratio (D/E) of 0.91, which is about average as compared to similar companies. Thor Explorations has a current ratio of 0.38, 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 Thor Explorations until it has trouble settling it off, either with new capital or with free cash flow. So, Thor Explorations' 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 Thor Explorations sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thor to invest in growth at high rates of return. When we think about Thor Explorations' use of debt, we should always consider it together with cash and equity.

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Found 10 records

INSIDER Age

CA CFAAurion Resources
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Brian MBAAurion Resources
70
Diana MarkAurion Resources
65
BA BAGrande Portage Resources
56
Matti MScAurion Resources
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Lisa HodgeAurion Resources
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Michele PillonGrande Portage Resources
64
PEng PGeoAurion Resources
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BA LLBAurion Resources
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Daniel LLBRio2 Limited
53
Thor Explorations Ltd., a natural resources company, engages in the acquisition, exploration, development, and production of mineral properties in Senegal, Burkina Faso, Nigeria, and Canada. The company was incorporated in 1968 and is based in Vancouver, Canada. Thor Exploration is traded on OTC Exchange in the United States. Thor Explorations [THXPF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Thor Explorations Leadership Team

Elected by the shareholders, the Thor Explorations' board of directors comprises two types of representatives: Thor Explorations inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thor. The board's role is to monitor Thor Explorations' management team and ensure that shareholders' interests are well served. Thor Explorations' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Thor Explorations' outside directors are responsible for providing unbiased perspectives on the board's policies.
Alfred FAusIMM, Group Mang
Mike Kelly, Segilola Mang
Chris OmoOsagie, Chief Officer
Ben CPA, Sec
James Philip, VP Devel

Thor 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 Thor Explorations 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 Thor Pink Sheet

Thor Explorations financial ratios help investors to determine whether Thor 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 Thor with respect to the benefits of owning Thor Explorations security.