BA LLB - Fortune Minerals Co Sec

FTMDF Stock  USD 0.09  0.01  11.25%   

Insider

BA LLB is Co Sec of Fortune Minerals Limited
Age 67
Phone519 858 8188
Webhttps://www.fortuneminerals.com

Fortune Minerals Management Efficiency

The company has return on total asset (ROA) of (0.0146) % which means that it has lost $0.0146 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0343) %, meaning that it generated substantial loss on money invested by shareholders. Fortune Minerals' management efficiency ratios could be used to measure how well Fortune Minerals manages its routine affairs as well as how well it operates its assets and liabilities.
Fortune Minerals Limited has accumulated 1.34 M in total debt with debt to equity ratio (D/E) of 0.22, which may suggest the company is not taking enough advantage from borrowing. Fortune Minerals has a current ratio of 0.07, 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 Fortune Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Fortune Minerals' 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 Minerals 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 Minerals' use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 14 records

INSIDER Age

Dennis LoganSterling Metals Corp
56
CMA CPAWest High Yield
N/A
Charles NaugleLion Copper and
46
Leslie SudoDLP Resources
63
CFA CFASterling Metals Corp
38
LLB BAdminWest High Yield
N/A
Ross LLBWest High Yield
75
Ronald SrColibri Resource
N/A
Stephen GoodmanLion Copper and
51
John StypulaDLP Resources
74
Robert ClementsLion Copper and
N/A
Ian GendallDLP Resources
N/A
Barry BaimWest High Yield
N/A
Chris LLMSterling Metals Corp
N/A
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company was incorporated in 1988 and is headquartered in London, Canada. Fortune Minerals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 6 people. Fortune Minerals Limited [FTMDF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Fortune Minerals Leadership Team

Elected by the shareholders, the Fortune Minerals' board of directors comprises two types of representatives: Fortune Minerals 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 Minerals' management team and ensure that shareholders' interests are well served. Fortune Minerals' 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 Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
BA LLB, Co Sec
CPIR CIM, Investor Mang

Fortune 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 Fortune Minerals 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 Pink Sheet

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