David Austin - Colonial Coal Chairman

CCARF Stock  USD 1.10  0.06  5.17%   

Chairman

Mr. David Austin is President, Chief Executive Officer, Director of the Company. Mr. Austin was President of Colonial Coal Corporation, from August 2005 to November 2008, and was the Chief Executive Officer, Chairman and a director of Colonial Coal Corporation from November 2008 to October 2010. Previously, Mr. Austin acted as President, from March 2001 to August 2004, and as a director, of NEMI Northern Energy Mining Inc., and as a terminal manager with the BC Ferry Corporation in West Vancouver, British Columbia. Mr. Austin has served as a director for numerous publicly listed companies, including Running Fox Resource Corporationration and Sourcesmith Industries Inc., and was a director of Western Canadian Coal Corporationration . since 2018.
Age 70
Tenure 7 years
Phone604-568-4962
Webhttps://www.ccoal.ca

Colonial Coal Management Efficiency

The company has return on total asset (ROA) of (0.3494) % which means that it has lost $0.3494 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.5763) %, meaning that it generated substantial loss on money invested by shareholders. Colonial Coal's management efficiency ratios could be used to measure how well Colonial Coal manages its routine affairs as well as how well it operates its assets and liabilities.
Colonial Coal International has accumulated 28.25 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Colonial Coal Intern has a current ratio of 31.2, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Colonial Coal until it has trouble settling it off, either with new capital or with free cash flow. So, Colonial Coal'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 Colonial Coal Intern sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Colonial to invest in growth at high rates of return. When we think about Colonial Coal's use of debt, we should always consider it together with cash and equity.

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Colonial Coal International Corp., an exploration stage company, engages in the acquisition, exploration, and development of coal properties in Canada. The company was incorporated in 2007 and is headquartered in Vancouver, Canada. Colonial Coal is traded on OTC Exchange in the United States. Colonial Coal International [CCARF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Colonial Coal Intern Management Team

Elected by the shareholders, the Colonial Coal's board of directors comprises two types of representatives: Colonial Coal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Colonial. The board's role is to monitor Colonial Coal's management team and ensure that shareholders' interests are well served. Colonial Coal'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, Colonial Coal's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Austin, Chairman, CEO and President and Member of Audit Committee
John PGeo, COO Director
CGA CPA, CFO Sec

Colonial Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Colonial Coal 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 Colonial Pink Sheet

Colonial Coal financial ratios help investors to determine whether Colonial Pink Sheet 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 Colonial with respect to the benefits of owning Colonial Coal security.