Luis Botto - Goldbank Mining CFO and Director

GLB Stock  CAD 0.23  0.01  4.17%   

Director

Mr. Luis Botto was appointed as Chief Financial Officer, Director of Goldbank Mining Corporationration, with effect from September 28, 2012. He is a Consultant, South American property acquisitions operations since 2002 Manager, South American Operations of Goldbank Mining Corporation from July 2007 to May 2008. since 2012.
Tenure 12 years
Address 889 West Pender Street,, Vancouver, BC, Canada, V6C 3B2
Phone604 683 3288
Webhttps://www.goldbankmining.com

Goldbank Mining Management Efficiency

The company has return on total asset (ROA) of (0.0851) % which means that it has lost $0.0851 on every $100 spent on assets. This is way below average. Goldbank Mining's management efficiency ratios could be used to measure how well Goldbank Mining manages its routine affairs as well as how well it operates its assets and liabilities. Total Current Assets is likely to climb to about 347.2 K in 2024, whereas Total Assets are likely to drop slightly above 5.5 M in 2024.
Goldbank Mining Corp has accumulated 5 K in total debt with debt to equity ratio (D/E) of 8.85, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Goldbank Mining Corp has a current ratio of 0.05, 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 Goldbank Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Goldbank Mining'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 Goldbank Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goldbank to invest in growth at high rates of return. When we think about Goldbank Mining's use of debt, we should always consider it together with cash and equity.
Goldbank Mining Corporation engages in the exploration and development of mineral properties. Goldbank Mining Corporation was incorporated in 1967 and is based in Vancouver, Canada. Goldbank Mining operates under Gold classification in Canada and is traded on TSX Venture Exchange. Goldbank Mining Corp (GLB) is traded on TSX Venture Exchange in Canada and employs 3 people. Goldbank Mining is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Goldbank Mining Corp Management Team

Elected by the shareholders, the Goldbank Mining's board of directors comprises two types of representatives: Goldbank Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goldbank. The board's role is to monitor Goldbank Mining's management team and ensure that shareholders' interests are well served. Goldbank Mining'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, Goldbank Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Boyce, CEO and President Director and Member of Audit Committee
Gwendolyn Wegner, Corporate Secretary
Luis Botto, CFO and Director

Goldbank Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Goldbank Mining 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.

Thematic Opportunities

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Additional Tools for Goldbank Stock Analysis

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