NOB Stock | | | CAD 0.05 0.01 25.00% |
CEO
Mr. H. Vance White is NonIndependent Chairman of the Board President Chief Executive Officer of Noble Mineral Exploration Inc. He also serves on the board of directors of TSX Venture Exchangelisted Atikwa Minerals Corporation Integra Gold Corporationration and Tawsho Mining Inc. Mr. White was a former President and Director of the Dickenson Group of Companies . Mr. White is a partner of Brooks and White Associates a management financial and advisory business. since 2009.
Age | 80 |
Tenure | 16 years |
Address | 120 Adelaide Street West, Toronto, ON, Canada, M5H 1T1 |
Phone | 416 214 2250 |
Web | https://www.noblemineralexploration.com |
Noble Mineral Management Efficiency
The company has return on total asset
(ROA) of
(0.0393) % which means that it has lost $0.0393 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.0249 %, meaning that it generated $0.0249 on every $100 dollars invested by stockholders. Noble Mineral's management efficiency ratios could be used to measure how well Noble Mineral manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to drop to -0.22 in 2025.
Return On Capital Employed is likely to drop to -0.1 in 2025. At this time, Noble Mineral's
Net Tangible Assets are fairly stable compared to the past year.
Fixed Asset Turnover is likely to climb to 1.71 in 2025, whereas
Non Current Assets Total are likely to drop slightly above 3.5
M in 2025.
Noble Mineral Exploration has accumulated 656.65
K in total debt with debt to equity ratio
(D/E) of 0.43, which is about average as compared to similar companies. Noble Mineral Exploration has a current ratio of 1.74, which is within standard range for the sector. Debt can assist Noble Mineral until it has trouble settling it off, either with new capital or with free cash flow. So, Noble Mineral'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 Noble Mineral Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Noble to invest in growth at high rates of return. When we think about Noble Mineral's use of debt, we should always consider it together with cash and equity.
Noble Mineral Exploration Inc., a junior exploration company, engages in the exploration and evaluation of mineral resources properties in Canada. Noble Mineral Exploration Inc. is headquartered in Toronto, Canada. NOBLE MINERAL operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. Noble Mineral Exploration (NOB) is traded on TSX Venture Exchange in Canada and employs 4 people. Noble Mineral is listed under Diversified Metals & Mining category by Fama And French industry classification.
Management Performance
Noble Mineral Exploration Leadership Team
Elected by the shareholders, the Noble Mineral's board of directors comprises two types of representatives: Noble Mineral inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Noble. The board's role is to monitor Noble Mineral's management team and ensure that shareholders' interests are well served. Noble Mineral'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, Noble Mineral's outside directors are responsible for providing unbiased perspectives on the board's policies.
Noble 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 Noble Mineral 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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