Lewis Black - Almonty Industries Chairman, CEO and Pres

ALMTF Stock  USD 0.64  0.01  1.59%   

Chairman

Mr. Lewis Black is Chairman of the Board, President, Chief Executive Officer of the company. He is also currently a Partner of Almonty Partners LLC, a privately held company specializing in tungsten mining investments. Mr. Black previously served as Chairman and Chief Executive Officer of Primary Metals Inc., a tungsten mining company formerly listed on the Exchange, from 2005 to 2007. Prior to that he was head of sales and marketing for SC Mining Tungsten Thailand
Age 52
Phone647 438 9766
Webhttps://www.almonty.com
Black holds a B.A. from Manchester University and is a former Vice President of the International Tungsten Industry Association.

Lewis Black Latest Insider Activity

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

Almonty Industries Management Efficiency

The company has return on total asset (ROA) of (0.015) % which means that it has lost $0.015 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2899) %, meaning that it generated substantial loss on money invested by shareholders. Almonty Industries' management efficiency ratios could be used to measure how well Almonty Industries manages its routine affairs as well as how well it operates its assets and liabilities.
Almonty Industries has accumulated 49.01 M in total debt with debt to equity ratio (D/E) of 1.74, which is about average as compared to similar companies. Almonty Industries has a current ratio of 0.32, 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 Almonty Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Almonty Industries' 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 Almonty Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Almonty to invest in growth at high rates of return. When we think about Almonty Industries' use of debt, we should always consider it together with cash and equity.
Almonty Industries Inc. engages in mining, processing, and shipping tungsten concentrate. It owns interests in the Los Santos mine located near Salamanca, Spain the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal the Sangdong tungsten mine located in Gangwon Province, Republic of Korea and the Valtreixal tin and tungsten project located in Zamora province, Western Spain. Almonty Industries operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 5 people. Almonty Industries [ALMTF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Almonty Industries Leadership Team

Elected by the shareholders, the Almonty Industries' board of directors comprises two types of representatives: Almonty Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Almonty. The board's role is to monitor Almonty Industries' management team and ensure that shareholders' interests are well served. Almonty Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Almonty Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lewis Black, Chairman, CEO and Pres
John Yi, Pres Tungsten
AGIA BCom, CoCompany Sec
Marion McGrath, Corporate Secretary

Almonty 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 Almonty Industries 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 Almonty OTC Stock

Almonty Industries financial ratios help investors to determine whether Almonty 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 Almonty with respect to the benefits of owning Almonty Industries security.