GLGDF Stock | | | USD 0.94 0.02 2.17% |
CEO
Mr. Bradley H. Langille is President, Chief Executive Officer of the Company. Mr. Langille has 20 years of mining experience which includes cofounding both Gammon Gold and Mexgold Resources where he served as chief executive officer and director. He successfully took the companies from grassroot operations to commercial producers and raised in excess of 500million for the development and construction of both mines. since 2016.
Age | 62 |
Tenure | 8 years |
Phone | 902-482-1998 |
Web | https://gogoldresources.com |
GoGold Resources Management Efficiency
GoGold Resources' management efficiency ratios could be used to measure how well GoGold Resources manages its routine affairs as well as how well it operates its assets and liabilities.
GoGold Resources has accumulated 1.11
M 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. GoGold Resources has a current ratio of 9.21, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist GoGold Resources until it has trouble settling it off, either with new capital or with free cash flow. So, GoGold Resources' 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 GoGold Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GoGold to invest in growth at high rates of return. When we think about GoGold Resources' use of debt, we should always consider it together with cash and equity.
GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico. It also holds an option to acquire 100 percent concessions of the Los Ricos project, which covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico. Gogold Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. GoGold Resources [GLGDF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.
Management Performance
GoGold Resources Leadership Team
Elected by the shareholders, the GoGold Resources' board of directors comprises two types of representatives: GoGold Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GoGold. The board's role is to monitor GoGold Resources' management team and ensure that shareholders' interests are well served. GoGold Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GoGold Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
GoGold 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 GoGold Resources 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 GoGold OTC Stock
GoGold Resources financial ratios help investors to determine whether GoGold 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 GoGold with respect to the benefits of owning GoGold Resources security.