Michael Bennell - Lara Exploration Vice President - Exploration

LRA Stock  CAD 1.46  0.03  2.01%   

President

Mr. Michael Bennell BSc, MSc, is Vice President Exploration of Lara Exploration Ltd. Michael, a graduate of the University of Tasmania, with a M.Sc. from the Cambourne School of Mines, was until June 2006 Exploration Manager at the Crixs Gold Mine in Gois State for AngloGold Ashanti Brasil Ltda
Address 543 Granville Street, Vancouver, BC, Canada, V6C 1X8
Phone604-669-8777
Webhttps://www.laraexploration.com
Bennell has a track record of exploration success for both gold and base metals in Australia, Brazil and West Africa. In Brazil he made the initial discovery of the Boa Vista nickel deposit in Goiás. In West Africa, working for BHP between 1988 and 1999, he was directly involved in the discovery of five gold deposits: Belahouro and Essakan in Burkina Faso, Kubi and MamponAboronye in Ghana and Tongon in the Ivory Coast and worked on many other deposits in West Africa including the gold deposits of Morila and Syama, Fayalala in Guinea and the Syola laterite nickel deposit .

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 1 records

PRESIDENT Age

Mario PGeoMidland Exploration
N/A
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

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