Gareth Garlick - Fortune Bay Technical Director

FTBYF Stock  USD 0.19  0.01  5.56%   

Insider

Gareth Garlick is Technical Director of Fortune Bay Corp
Phone902-422-1421
Webhttps://www.fortunebaycorp.com

Fortune Bay Management Efficiency

The company has return on total asset (ROA) of (0.043) % which means that it has lost $0.043 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0534) %, meaning that it generated substantial loss on money invested by shareholders. Fortune Bay's management efficiency ratios could be used to measure how well Fortune Bay manages its routine affairs as well as how well it operates its assets and liabilities.
Fortune Bay Corp has accumulated 190.58 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Fortune Bay Corp has a current ratio of 3.03, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Fortune Bay until it has trouble settling it off, either with new capital or with free cash flow. So, Fortune Bay'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 Fortune Bay Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortune to invest in growth at high rates of return. When we think about Fortune Bay's use of debt, we should always consider it together with cash and equity.

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Fortune Bay Corp. acquires, explores for, and develops mineral properties. It also owns 2 percent net smelter royalty in the Huizopa project located in the Sierra Madres in Chihuahua, Mexico. Fortune Bay is traded on OTC Exchange in the United States. Fortune Bay Corp [FTBYF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Fortune Bay Corp Leadership Team

Elected by the shareholders, the Fortune Bay's board of directors comprises two types of representatives: Fortune Bay inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortune. The board's role is to monitor Fortune Bay's management team and ensure that shareholders' interests are well served. Fortune Bay'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, Fortune Bay's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eric Bort, Exploration Mang
Sarah Oliver, Chief Officer
Gareth Garlick, Technical Director
Wade Dawe, Ex Chairman

Fortune 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 Fortune Bay 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 Fortune OTC Stock

Fortune Bay financial ratios help investors to determine whether Fortune 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 Fortune with respect to the benefits of owning Fortune Bay security.