Max Porterfield - Callinex Mines CEO and President and Director

CLLXF Stock  USD 0.65  0.02  2.99%   

CEO

Mr. Max Porterfield is the President, Chief Executive Officer, Director of Callinex Mines Inc., effective June 1, 2014 since 2014.
Tenure 10 years
Phone604-605-0885
Webhttps://callinex.ca
Porterfield, located in Vancouver, is an executive with over eight years of experience within natural resources and financial markets. Previously, Mr. Porterfield managed investor relations for two well respected resource companies, Brazil Resources Inc. and Uranium Energy Corporationrationration. In addition, Mr. Porterfield was previously VicePresident of Institutional Services at U.S. Global Investors, a boutique investment management firm with a longstanding history of expertise in precious metals and natural resources. He is a graduate of Texas Tech University, with a bachelor degree in business administration.

Callinex Mines Management Efficiency

The company has return on total asset (ROA) of (0.0314) % which means that it has lost $0.0314 on every $100 spent on assets. This is way below average. Callinex Mines' management efficiency ratios could be used to measure how well Callinex Mines manages its routine affairs as well as how well it operates its assets and liabilities.
Callinex Mines has accumulated 40 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. Callinex Mines has a current ratio of 2.5, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Callinex Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Callinex Mines' 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 Callinex Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Callinex to invest in growth at high rates of return. When we think about Callinex Mines' use of debt, we should always consider it together with cash and equity.

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Callinex Mines Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. Callinex Mines Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada. Callinex Mines is traded on OTC Exchange in the United States. Callinex Mines [CLLXF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Callinex Mines Leadership Team

Elected by the shareholders, the Callinex Mines' board of directors comprises two types of representatives: Callinex Mines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Callinex. The board's role is to monitor Callinex Mines' management team and ensure that shareholders' interests are well served. Callinex Mines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Callinex Mines' outside directors are responsible for providing unbiased perspectives on the board's policies.
Max Porterfield, CEO and President and Director
JJ ODonnell, Exploration Geologist

Callinex 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 Callinex Mines 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 Callinex OTC Stock

Callinex Mines financial ratios help investors to determine whether Callinex 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 Callinex with respect to the benefits of owning Callinex Mines security.