90AA Stock | | | EUR 0.0005 0.00 0.00% |
Director
Bruce Reid is Independent Director of ALTAIR RES INC since 2016.
Age | 63 |
Tenure | 8 years |
Phone | 604-685-9316 |
Web | http://www.altairresources.com |
ALTAIR RES Management Efficiency
The company has return on total asset
(ROA) of
(1.9264) % which means that it has lost $1.9264 on every $100 spent on assets. This is way below average. ALTAIR RES's management efficiency ratios could be used to measure how well ALTAIR RES manages its routine affairs as well as how well it operates its assets and liabilities.
ALTAIR RES INC has accumulated 12
K in total debt. ALTAIR RES INC has a current ratio of 0.03, 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 ALTAIR RES until it has trouble settling it off, either with new capital or with free cash flow. So, ALTAIR RES'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 ALTAIR RES INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ALTAIR to invest in growth at high rates of return. When we think about ALTAIR RES's use of debt, we should always consider it together with cash and equity.
Altair Resources Inc. focuses on identifying and evaluating potential mineral interest acquisitions or other business opportunities. Altair Resources Inc. was incorporated in 2005 and is headquartered in Vancouver, Canada. ALTAIR RES operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange. ALTAIR RES INC (90AA) is traded on Frankfurt Exchange in Germany and employs 6 people.
Management Performance
ALTAIR RES INC Leadership Team
Elected by the shareholders, the ALTAIR RES's board of directors comprises two types of representatives: ALTAIR RES inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ALTAIR. The board's role is to monitor ALTAIR RES's management team and ensure that shareholders' interests are well served. ALTAIR RES'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, ALTAIR RES's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jeffrey Steiner, Independent Director | |
| Aylin Aksu, Independent Director | |
| Nick DeMare, Interim Chief Financial Officer, Secretary, Director | |
| Bruce Reid, Independent Director | |
| Harold Shipes, President, Chief Executive Officer, Chief Operating Officer, Director | |
| Robert Naso, Director | |
ALTAIR 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 ALTAIR RES 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 ALTAIR Stock
ALTAIR RES financial ratios help investors to determine whether ALTAIR 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 ALTAIR with respect to the benefits of owning ALTAIR RES security.