| GGO Stock | | | CAD 0.18 0.01 5.26% |
VP
Lisa Buchan is VP Secretary of Galleon Gold Corp
| Age | 57 |
| Address | TD Canada Trust Tower, Toronto, ON, Canada, M5J 2S1 |
| Phone | 416 644 0066 |
| Web | https://galleongold.com |
Galleon Gold Management Efficiency
The company has return on total asset
(ROA) of
(0.0633) % which means that it has lost $0.0633 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.192) %, meaning that it generated substantial loss on money invested by shareholders. Galleon Gold's management efficiency ratios could be used to measure how well Galleon Gold manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to drop to -0.11 in 2024.
Return On Capital Employed is likely to drop to -0.11 in 2024. At this time, Galleon Gold's
Non Currrent Assets Other are fairly stable compared to the past year.
Net Tangible Assets is likely to climb to about 28.4
M in 2024, whereas
Total Assets are likely to drop slightly above 22.5
M in 2024.
Galleon Gold Corp has accumulated 1.24
M 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. Galleon Gold Corp has a current ratio of 1.13, suggesting that it
is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Galleon Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Galleon Gold'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 Galleon Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Galleon to invest in growth at high rates of return. When we think about Galleon Gold's use of debt, we should always consider it together with cash and equity.
Galleon Gold Corp. engages in acquiring, exploring, and developing mineral properties in Canada and the United States. The company was formerly known as Pure Nickel Inc. and changed its name to Galleon Gold Corp. in December 2019. GALLEON GOLD operates under Gold classification in Exotistan and is traded on Commodity Exchange. It employs 4 people. Galleon Gold Corp (GGO) is traded on TSX Venture Exchange in Canada and employs 2 people. Galleon Gold is listed under Metals & Mining category by Fama And French industry classification.
Management Performance
Galleon Gold Corp Leadership Team
Elected by the shareholders, the Galleon Gold's board of directors comprises two types of representatives: Galleon Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Galleon. The board's role is to monitor Galleon Gold's management team and ensure that shareholders' interests are well served. Galleon Gold'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, Galleon Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Galleon Stock Performance Indicators
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Additional Tools for Galleon Stock Analysis
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measure Galleon Gold'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 Galleon Gold is operating at the current time. Most of Galleon Gold's value examination focuses on studying past and present price action to
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