Lyle Braaten - Lumina Gold Vice President- Legal Counsel, Director

LUM Stock  CAD 0.49  0.01  2.00%   

President

Mr. Lyle E. Braaten is Vice President Legal Counsel, Director of the company. he is graduated with a B.Sc. from the University of Calgary in 1986 and an L.LB from the University of British Columbia in 1989. He was the General Counsel of Magma Energy Corporationration from June 2008 to May 2011 when it acquired Plutonic Power Corporationration and changed its name to Alterra Power Corporationration Prior to joining Magma, he was involved in the management of a midsized law firm and served as its Managing Director from 2001 to 2008 with overall responsibility for the oversight of the firms financial results and reporting.
Age 60
Address 625 Howe Street, Vancouver, BC, Canada, V6C 2T6
Phone604 646 1890
Webhttps://luminagold.com

Lumina Gold Management Efficiency

The company has return on total asset (ROA) of (0.6473) % which means that it has lost $0.6473 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (21.375) %, meaning that it generated substantial loss on money invested by shareholders. Lumina Gold's management efficiency ratios could be used to measure how well Lumina Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to climb to 2.27 in 2024, whereas Return On Tangible Assets are likely to drop (0.82) in 2024. At this time, Lumina Gold's Total Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 14.5 M in 2024, whereas Return On Tangible Assets are likely to drop (0.82) in 2024.
Lumina Gold Corp has accumulated 46.73 K in total debt with debt to equity ratio (D/E) of 1.99, which is about average as compared to similar companies. Lumina Gold 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 Lumina Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Lumina 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 Lumina Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lumina to invest in growth at high rates of return. When we think about Lumina Gold's use of debt, we should always consider it together with cash and equity.

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Lumina Gold Corp., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metals in Ecuador. Lumina Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada. LUMINA GOLD operates under Gold classification in Exotistan and is traded on Commodity Exchange. Lumina Gold Corp (LUM) is traded on TSX Venture Exchange in Canada and employs 10 people. Lumina Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Lumina Gold Corp Leadership Team

Elected by the shareholders, the Lumina Gold's board of directors comprises two types of representatives: Lumina Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lumina. The board's role is to monitor Lumina Gold's management team and ensure that shareholders' interests are well served. Lumina 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, Lumina Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marshall PGeo, CEO President
Diego Benalcazar, Senior President
Peter PGeo, Senior President
Marshall PG, CEO President
Ronald PEng, Chief Officer
Jady Tsang, Co Sec
CA LLB, Chief Officer
Lyle Braaten, Vice President- Legal Counsel, Director
CA CA, Chief Officer
Scott Hicks, Vice President - Corporate Development and Communications

Lumina 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 Lumina Gold 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 Lumina Stock Analysis

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