Edward Dumond - McChip Resources CFO, Secretary and Director

MCCHF Stock  USD 0.45  0.00  0.00%   

Director

Mr. Edward G. Dumond is Chief Financial Officer, Corporationrationrate Secretary, Director of McChip Resources, Inc. He was the SecretaryTreasurer of McChip Resources Inc., since 1985. He was engaged as a Director and Officer at a senior level by several public and private international natural resource Corporationrationrations for in excess of 30 years. He has also been a Director of Matachewan Consolidated Mines, Ltd. since 2010.
Tenure 14 years
Phone416 364 2173

McChip Resources Management Efficiency

The company has return on total asset (ROA) of 0.0879 % which means that it generated a profit of $0.0879 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1647 %, meaning that it generated $0.1647 on every $100 dollars invested by stockholders. McChip Resources' management efficiency ratios could be used to measure how well McChip Resources manages its routine affairs as well as how well it operates its assets and liabilities.
McChip Resources has accumulated 718.93 K in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. McChip Resources has a current ratio of 8.45, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist McChip Resources until it has trouble settling it off, either with new capital or with free cash flow. So, McChip 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 McChip Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for McChip to invest in growth at high rates of return. When we think about McChip Resources' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Pamela DaleyBP PLC ADR
67
Lorena SanchezYPF Sociedad Anonima
46
Thomas SkainsNational Fuel Gas
64
Paula ReynoldsBP PLC ADR
64
Fabrizio PaganiEni SpA ADR
52
Domenico TromboneEni SpA ADR
59
Aldo NapolitanoEni SpA ADR
N/A
Rebekka HerlofsenEquinor ASA ADR
51
Johannes TeyssenBP PLC ADR
61
Per LabratenEquinor ASA ADR
60
Danilo SilvaPetroleo Brasileiro Petrobras
36
Maria EscobarEcopetrol SA ADR
N/A
Sinead GormanShell PLC ADR
47
Steven FinchNational Fuel Gas
62
Ann DowlingBP PLC ADR
66
Norberto BrunoYPF Sociedad Anonima
60
Hernando PlazasEcopetrol SA ADR
66
Andrea AlmeidaPetroleo Brasileiro Petrobras
49
Luca FranceschiniEni SpA ADR
58
Stig LaegreidEquinor ASA ADR
58
Philippa BoundsShell PLC ADR
53
McChip Resources Inc. operates in the natural resource industry in Canada. McChip Resources Inc. was incorporated in 1935 and is based in Toronto, Canada. Mcchip Resources is traded on OTC Exchange in the United States. McChip Resources [MCCHF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

McChip Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is McChip 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 McChip Pink Sheet

McChip Resources financial ratios help investors to determine whether McChip Pink Sheet 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 McChip with respect to the benefits of owning McChip Resources security.