Heather Laxton - Wesdome Gold Corporate Secretary

WDOFF Stock  USD 8.69  0.06  0.70%   

Executive

Ms. Heather Anne Laxton is Corporationrationrate Secretary of the Company. Ms. Laxton has 20 years of corporate secretarial, corporate governance and securities regulation experience with a focus on the mining sector in Canada, Europe, Russia and West Africa. She has served in several senior management and executive roles for companies listed on the Toronto Stock Exchange, TSX Venture Exchange, London Alternative Investment Market and New York Stock Exchange Amex, most recently as corporate secretary with Kirkland Lake Gold Inc. Prior to that, Ms. Laxton was chief governance officer and corporate secretary with Northern Gold Mining Inc., governance manager and company secretary with European Goldfields Ltd., and governance manager and corporate secretary with High River Gold Mines Ltd. During her career, she was involved in numerous transactions and financings, and has led the evaluation, design, implementation and monitoring of governance programs for several junior mining companies since 2016.
Tenure 8 years
Phone416 360 3743
Webhttps://www.wesdome.com
Laxton began working as a professional law clerk in multinational law firms including Torys LLP and Smith Lyons LLP. She obtained an honours diploma from the law clerk program at Seneca College and completed the Canadian Securities Course in 2000.

Wesdome Gold Management Efficiency

The company has return on total asset (ROA) of 0.0663 % which means that it generated a profit of $0.0663 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0354 %, meaning that it generated $0.0354 on every $100 dollars invested by stockholders. Wesdome Gold's management efficiency ratios could be used to measure how well Wesdome Gold manages its routine affairs as well as how well it operates its assets and liabilities.
Wesdome Gold Mines has accumulated 12.41 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Wesdome Gold Mines has a current ratio of 0.91, 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 Wesdome Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Wesdome Gold'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 Wesdome Gold Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wesdome to invest in growth at high rates of return. When we think about Wesdome Gold's use of debt, we should always consider it together with cash and equity.

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Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. The companys properties include the Eagle River Complex that consists of the Eagle River Mine, the Mishi Mine, and the Eagle River Mill located in Wawa, Ontario and the Kiena Mine Complex, which includes the Kiena Mine concession and Kiena Mill situated in Val-dOr, Qubec. Wesdome Gold operates under Gold classification in the United States and is traded on OTC Exchange. Wesdome Gold Mines [WDOFF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Wesdome Gold Mines Leadership Team

Elected by the shareholders, the Wesdome Gold's board of directors comprises two types of representatives: Wesdome Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wesdome. The board's role is to monitor Wesdome Gold's management team and ensure that shareholders' interests are well served. Wesdome Gold'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, Wesdome Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Frederic MercierLangevin, Chief Officer
MSc PGeo, Chief Mine
Stacy Kimmett, VP HR
Lindsay Dunlop, Vice President - Investor Relations
Joanna Miller, VP Environment
Rajbir Gill, VP Devel
Duncan PEng, CEO Pres
Heather Laxton, Corporate Secretary

Wesdome Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Wesdome Gold 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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Other Information on Investing in Wesdome OTC Stock

Wesdome Gold financial ratios help investors to determine whether Wesdome OTC Stock 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 Wesdome with respect to the benefits of owning Wesdome Gold security.