Gorden BScH - Minnova Corp President Chairman
Chairman
Gorden BScH is President Chairman of Minnova Corp
| Age | 59 |
| Phone | 647-985-2785 |
| Web | https://minnovacorp.ca |
Minnova Corp Management Efficiency
The company has return on total asset (ROA) of (1.623) % which means that it has lost $1.623 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3161) %, meaning that it generated substantial loss on money invested by shareholders. Minnova Corp's management efficiency ratios could be used to measure how well Minnova Corp manages its routine affairs as well as how well it operates its assets and liabilities.Minnova Corp has accumulated 117.16 K in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Minnova Corp has a current ratio of 0.13, 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 Minnova Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Minnova Corp'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 Minnova Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minnova to invest in growth at high rates of return. When we think about Minnova Corp's use of debt, we should always consider it together with cash and equity.
It holds 100 percent interests in the PL Gold mine and the Nokomis property in Peru. Minnova Corp. was incorporated in 1994 and is based in Toronto, Canada. MINNOVA CORP is traded on Commodity Exchange in Exotistan. Minnova Corp (MCI) is traded on TSX Venture Exchange in Canada and employs 7 people. Minnova Corp is listed under Metals & Mining category by Fama And French industry classification. Management Performance
| Return On Equity | -0.32 | ||||
| Return On Asset | -1.62 |
Minnova Corp Leadership Team
Elected by the shareholders, the Minnova Corp's board of directors comprises two types of representatives: Minnova Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Minnova. The board's role is to monitor Minnova Corp's management team and ensure that shareholders' interests are well served. Minnova Corp'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, Minnova Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James White, Independent Director | ||
| Gorden BScH, President Chairman | ||
| BA LLB, Corp CFO | ||
| Christopher Irwin, Interim Chief Financial Officer, Corporate Secretary, Director | ||
| Brian Robertson, Independent Director | ||
| Richard Sutcliffe, Director | ||
| Gorden Glenn, Chairman of the Board, President, Chief Executive Officer |
Minnova 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 Minnova Corp 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.
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Additional Tools for Minnova Stock Analysis
When running Minnova Corp's price analysis, check to measure Minnova Corp'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 Minnova Corp is operating at the current time. Most of Minnova Corp's value examination focuses on studying past and present price action to predict the probability of Minnova Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minnova Corp's price. Additionally, you may evaluate how the addition of Minnova Corp to your portfolios can decrease your overall portfolio volatility.