| NSRCF Stock | | | USD 0.37 0.01 2.78% |
President
Mr. Robin Borley is Senior Vice President Mine Development, Director of the Company. Mr. Borley is a Graduate mining engineering professional and a certified mine manager with more than 25 years of international mining experience building and operating mining ventures. He has held senior management positions both internationally and within the South African mining industry. Until October 2014, Mr. Borley served as Mining Director for DRA Mineral Projects. In addition, Mr. Borley was instrumental as the COO of Red Island Minerals in a developing a Madagascar coal venture. His diverse career has spanned resource project management, evaluation, exploration and mine development. Robin has completed several mine evaluations including operational and financial evaluations of new and existing operations across a diverse range of resource sectors. He has experience in the management of underground and surface mining operations from both the contractor and owner miner environments. From 2006 through to 2012, Robin participated in the BEE management buyout transaction of the Optimum Colliery mining property from BHP, through its independent listing and its ultimate sale to Glencore in December 2012. since 2013.
| Age | 55 |
| Tenure | 11 years |
| Phone | 416-364-4911 |
| Web | https://www.nextsourcematerials.com |
NextSource Materials Management Efficiency
The company has return on total asset
(ROA) of
(0.0716) % which means that it has lost $0.0716 on every $100 spent on assets. This is way below average. NextSource Materials' management efficiency ratios could be used to measure how well NextSource Materials manages its routine affairs as well as how well it operates its assets and liabilities.
NextSource Materials has accumulated 349.82
K in total debt. NextSource Materials has a current ratio of 0.42, 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 NextSource Materials until it has trouble settling it off, either with new capital or with free cash flow. So, NextSource Materials' 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 NextSource Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NextSource to invest in growth at high rates of return. When we think about NextSource Materials' use of debt, we should always consider it together with cash and equity.
NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. NextSource Materials Inc. was founded in 2004 and is headquartered in Toronto, Canada. Nextsource Materials is traded on OTC Exchange in the United States. NextSource Materials [NSRCF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.
Management Performance
NextSource Materials Leadership Team
Elected by the shareholders, the NextSource Materials' board of directors comprises two types of representatives: NextSource Materials inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NextSource. The board's role is to monitor NextSource Materials' management team and ensure that shareholders' interests are well served. NextSource Materials' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NextSource Materials' outside directors are responsible for providing unbiased perspectives on the board's policies.
NextSource Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is NextSource Materials 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 NextSource OTC Stock
NextSource Materials financial ratios help investors to determine whether NextSource OTC Stock 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 NextSource with respect to the benefits of owning NextSource Materials security.