Michael Weeks - Angkor Resources Chairman

ANK Stock  CAD 0.1  0.01  5.56%   

Chairman

Mr. Michael Weeks is Executive Chairman of the Board of Angkor Gold Corporationration He has 25 years of experience in project management of power generation and petroleumrelated industries. Mike has spent over 14 years negotiating with foreign governments in developing and implementing natural resource concessions. During that time, Mike was instrumental in implementation of training programs for local labour force development, professional accreditation, and significant strides in selfsustaining community growth and enhancement in developing countries. He has an engineering background and holds a First Class Power Engineering Certificate. Mike has managed large projects in Canada, Africa and Europe, constructing and managing several large production facilities in North Africa. Mike was, and continues as, a founding director of a petroleum training company as well as two financial service companies. since 2018.
Age 67
Tenure 6 years
Address Box 153, Sexsmith, AB, Canada, T0H 3C0
Phone780 568 3801
Webhttps://www.angkorresources.com

Angkor Resources Management Efficiency

The company has return on total asset (ROA) of (0.117) % which means that it has lost $0.117 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.0646) %, meaning that it generated substantial loss on money invested by shareholders. Angkor Resources' management efficiency ratios could be used to measure how well Angkor Resources manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.1 in 2024. Return On Capital Employed is likely to drop to -0.1 in 2024. At this time, Angkor Resources' Intangibles To Total Assets are fairly stable compared to the past year. Debt To Assets is likely to climb to 0.52 in 2024, whereas Total Assets are likely to drop slightly above 2.8 M in 2024.
Angkor Resources Corp has accumulated 1.83 M in total debt with debt to equity ratio (D/E) of 24.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Angkor Resources Corp has a current ratio of 0.34, 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 Angkor Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Angkor Resources' 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 Angkor Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Angkor to invest in growth at high rates of return. When we think about Angkor Resources' use of debt, we should always consider it together with cash and equity.

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CHAIRMAN Age

Robert FriedlandIvanhoe Energy
73
Angkor Gold Corp., together with its subsidiaries, operates as a mineral exploration company in Cambodia. Angkor Gold Corp. was incorporated in 2008 and is based in Sexsmith, Canada. ANGKOR GOLD is traded on TSX Venture Exchange in Canada. Angkor Resources Corp (ANK) is traded on TSX Venture Exchange in Canada and employs 3 people. Angkor Resources is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Angkor Resources Corp Management Team

Elected by the shareholders, the Angkor Resources' board of directors comprises two types of representatives: Angkor Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Angkor. The board's role is to monitor Angkor Resources' management team and ensure that shareholders' interests are well served. Angkor Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Angkor Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Weeks, Chairman, CEO and President Member of Audit Committee and Member of Compensation Committee
BFA CA, CFO Director
Delayne Weeks, Vice President - Corporate Social Responsibility

Angkor 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 Angkor Resources 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 Angkor Stock Analysis

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