Edward Lee - Western Magnesium Executive Chairman of the Board

Chairman

Mr. Edward C. Lee is Executive Chairman of the Board of Nevada Clean Magnesium Inc. He was appointed as CEO of the Company in December 2012. Previously, he served as the Companys President. Ed served on the boards of American Manganese, Inc. and Goldrea Resources Corporationration and previously he was a Director and Executive Vice President for Adanac Molybdenum Corporationration Ed has over 13 years experience assisting public companies in capital formation and strategic business development. since 2018.
Age 61
Tenure 6 years
Phone571 378 0762
Webhttps://westernmagnesium.com

Edward Lee Latest Insider Activity

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

Western Magnesium Management Efficiency

The company has return on total asset (ROA) of (2.4211) % which means that it has lost $2.4211 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (32.3358) %, meaning that it created substantial loss on money invested by shareholders. Western Magnesium's management efficiency ratios could be used to measure how well Western Magnesium manages its routine affairs as well as how well it operates its assets and liabilities.
Western Magnesium currently holds 2.4 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. Western Magnesium has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Western Magnesium until it has trouble settling it off, either with new capital or with free cash flow. So, Western Magnesium'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 Western Magnesium sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Magnesium's use of debt, we should always consider it together with cash and equity.

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CHAIRMAN Age

Mark FrewinForsys Metals Corp
N/A
Western Magnesium Corporation engages in the exploration and development of mineral properties in the United States. Western Magnesium Corporation was incorporated in 1966 and is headquartered in McLean, United States.Western Magnesium Corporation operates as a subsidiary of Phibro Animal Health Corporation. Western Magnesium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 30 people. Western Magnesium [MLYF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Western Magnesium Leadership Team

Elected by the shareholders, the Western Magnesium's board of directors comprises two types of representatives: Western Magnesium inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Magnesium's management team and ensure that shareholders' interests are well served. Western Magnesium'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, Western Magnesium's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Brown, Independent Director
Karim Alameddine, Co Sec
Stephen Thorlakson, Interim Director
Paul Sauve, Ex CTO
Rabih Ataya, Ex Director
Lisa Maxwell, Corporate Secretary
Sam Ataya, CEO, Director
Michael Pickholz, Head Division
Edward Lee, Executive Chairman of the Board
Robert Odle, Chief Engineer

Western 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 Western Magnesium 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 Western Pink Sheet

Western Magnesium financial ratios help investors to determine whether Western 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 Western with respect to the benefits of owning Western Magnesium security.