Ian McGavney - Colibri Resource Chief Officer

All Insiders . Canada . 
Stock . Colibri Resource Corp . Stakeholders . Insider . Ian McGavney
CBI Stock  CAD 0.03  0.00  0.00%   

Executive

Mr. Ian McGavney serves as Chief Operating Officer of the Company since 2018.
Age 46
Tenure 6 years
Address 105 Englehart Street, Dieppe, NB, Canada, E1A 8K2
Phone506 383 4274
Webhttps://colibriresource.com
McGavney is an experienced junior mining company executive with prior roles in both public and private companies. From 2003 to 2009, he was a founder and president of Skye Capital Corporation Inc. Skye Capital assisted in founding, financing and managing junior exploration startups as well as restructuring situations. Two such private exploration companies were Northern Lorena Resources and High Tide Resources. Northern Lorena was a uranium exploration company that was acquired by Mega Uranium, and High Tide Resources was a gold/silver exploration company that was acquired by Avidian Gold. From 2009 to 2016, Mr. McGavney served as an investment adviser with TD Wealth Private Investment Advice, a division of TD Bank Group. Since 2016, he has acted as an independent finance/marketing consultant to several public and private mining/exploration companies.

Colibri Resource Management Efficiency

The company has return on total asset (ROA) of (0.1291) % which means that it has lost $0.1291 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3489) %, meaning that it generated substantial loss on money invested by shareholders. Colibri Resource's management efficiency ratios could be used to measure how well Colibri Resource manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.13 in 2024. Return On Capital Employed is likely to drop to -0.14 in 2024. At this time, Colibri Resource's Non Currrent Assets Other are fairly stable compared to the past year. Debt To Assets is likely to climb to 0.45 in 2024, whereas Total Assets are likely to drop slightly above 3.9 M in 2024.
Colibri Resource Corp has accumulated 1.84 M in total debt with debt to equity ratio (D/E) of 350.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Colibri Resource Corp has a current ratio of 0.16, 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 Colibri Resource until it has trouble settling it off, either with new capital or with free cash flow. So, Colibri Resource'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 Colibri Resource Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Colibri to invest in growth at high rates of return. When we think about Colibri Resource's use of debt, we should always consider it together with cash and equity.

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Colibri Resource Corporation, a mineral exploration company, acquires, explores for, and develops mineral properties in Mexico. The company was incorporated in 2004 and is based in Dieppe, Canada. COLIBRI RESOURCE operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. Colibri Resource Corp (CBI) is traded on TSX Venture Exchange in Canada and employs 2 people. Colibri Resource is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Return On Equity-0.35
Return On Asset-0.13

Colibri Resource Corp Leadership Team

Elected by the shareholders, the Colibri Resource's board of directors comprises two types of representatives: Colibri Resource inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Colibri. The board's role is to monitor Colibri Resource's management team and ensure that shareholders' interests are well served. Colibri Resource'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, Colibri Resource's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ian McGavney, Chief Officer
Ronald Sr, Executive Chairman

Colibri 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 Colibri Resource 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.
Return On Equity-0.35
Return On Asset-0.13
Current Valuation4.49 M
Shares Outstanding103.75 M
Shares Owned By Insiders21.58 %
Number Of Shares Shorted14.98 K
Price To Earning(2.50) X
Price To Book1.07 X
EBITDA(797.96 K)
Net Income(784.75 K)

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Additional Tools for Colibri Stock Analysis

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