David Miles - Lara Exploration Chief Financial Officer

LRA Stock  CAD 1.40  0.03  2.10%   

CFO

Mr. David L. Miles is Chief Financial Officer of Lara Exploration Ltd. Mr. David is a Chartered Accountant who has over 30 years experience in the mining and exploration business, with over 20 years in a large multinational corporate environment, primarily with Cominco Ltd. holding various positions in corporate finance. From 2002 to 2004, Mr. Miles was the corporate controller for Quest Capital Corporationration . For the past eight years Mr. Miles was the CFO of a number of TSX Venture Exchange listed junior exploration companies. He also currently serves as the CFO of Lara Exploration Ltd, Iron Creek Capital Corporationration and Legend Gold Corporationration . He was formerly the CFO of Inca Pacific Resources Corporationration, Nevgold Resource Corporationration Eurasian Minerals Inc., Sanu Resources Ltd., Prospector Consolidated Resources Inc., Standard Uranium Inc., Esperanza Resource Corporationration, Colombian Mines Corporationration, and Alexco Resource Corporationration since 2009.
Tenure 15 years
Address 543 Granville Street, Vancouver, BC, Canada, V6C 1X8
Phone604-669-8777
Webhttps://www.laraexploration.com

David Miles Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Miles against Lara Exploration stock is an integral part of due diligence when investing in Lara Exploration. David Miles insider activity provides valuable insight into whether Lara Exploration is net buyers or sellers over its current business cycle. Note, Lara Exploration insiders must abide by specific rules, including filing SEC forms every time they buy or sell Lara Exploration'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Lara Exploration Management Efficiency

The company has return on total asset (ROA) of (0.2251) % which means that it has lost $0.2251 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1081) %, meaning that it generated substantial loss on money invested by shareholders. Lara Exploration's management efficiency ratios could be used to measure how well Lara Exploration manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.51 in 2024. Return On Capital Employed is likely to drop to -0.48 in 2024. At this time, Lara Exploration's Total Current Assets are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 9.6 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 2.3 M in 2024.
Lara Exploration has accumulated 208.25 K in total debt. Lara Exploration has a current ratio of 5.37, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Lara Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Lara Exploration'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 Lara Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lara to invest in growth at high rates of return. When we think about Lara Exploration's use of debt, we should always consider it together with cash and equity.

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Found 2 records

CFO Age

Larry DonaldsonStrategic Metals
N/A
Scott DavisHighway 50 Gold
65
Lara Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in South America. The company was incorporated in 2003 and is headquartered in Vancouver, Canada. LARA EXPLORATION operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange. Lara Exploration (LRA) is traded on TSX Venture Exchange in Canada and employs 14 people. Lara Exploration is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Lara Exploration Leadership Team

Elected by the shareholders, the Lara Exploration's board of directors comprises two types of representatives: Lara Exploration inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lara. The board's role is to monitor Lara Exploration's management team and ensure that shareholders' interests are well served. Lara Exploration'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, Lara Exploration's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Bennell, Vice President - Exploration
David Miles, Chief Financial Officer
FIMMM BSc, Pres Chairman
Miles Thompson, Chairman of the Board, President, Chief Executive Officer
Steve Yuzpe, Director
BSc BSc, Chief Officer
Geoffrey Chater, Director
Christopher MacIntyre, Vice Development
Christopher BComm, Vice Development
Andre Gauthier, Director
Simon Ingram, CEO President
Christopher Jones, Independent Director
BSc MAusIMM, Vice Exploration
Kim Casswell, Corporate Secretary

Lara 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 Lara Exploration 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 Lara Stock Analysis

When running Lara Exploration's price analysis, check to measure Lara Exploration'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 Lara Exploration is operating at the current time. Most of Lara Exploration's value examination focuses on studying past and present price action to predict the probability of Lara Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lara Exploration's price. Additionally, you may evaluate how the addition of Lara Exploration to your portfolios can decrease your overall portfolio volatility.