William Davidson - ProAm Explorations CFO, Director

PMX Stock  CAD 0.03  0.00  0.00%   

Director

Mr. W. Rex Davidson is the Chief Financial Officer, Director of ProAm Explorations Corporationration He is an active small businessman. Over his business life he has held many positions where he was responsible for financial oversight. Mr. Davidson holds no other directorship in a public company. since 2007.
Tenure 17 years
Address 867 West 3rd Street, North Vancouver, BC, Canada, V7P 1E2
Phone604 988 3306

ProAm Explorations Management Efficiency

The company has return on total asset (ROA) of (0.1936) % which means that it has lost $0.1936 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2808) %, meaning that it generated substantial loss on money invested by shareholders. ProAm Explorations' management efficiency ratios could be used to measure how well ProAm Explorations manages its routine affairs as well as how well it operates its assets and liabilities. At this time, ProAm Explorations' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 605.4 K in 2024, whereas Net Tangible Assets are likely to drop slightly above 514.3 K in 2024.
ProAm Explorations Corp has accumulated 49.04 K in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. ProAm Explorations Corp has a current ratio of 0.78, 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 ProAm Explorations until it has trouble settling it off, either with new capital or with free cash flow. So, ProAm Explorations' 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 ProAm Explorations Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ProAm to invest in growth at high rates of return. When we think about ProAm Explorations' use of debt, we should always consider it together with cash and equity.
ProAm Explorations Corporation operates as a junior mineral, and oil and natural gas exploration and development company in Canada and the United States. It also holds a 100 percent interest in the Samuel Lake property and an option to acquire a 100 percent interest in the Jet property located in Elko County, Nevada. PROAM EXPLORATIONS is traded on Commodity Exchange in Exotistan. ProAm Explorations Corp (PMX) is traded on TSX Venture Exchange in Canada and employs 5 people. ProAm Explorations is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

ProAm Explorations Corp Leadership Team

Elected by the shareholders, the ProAm Explorations' board of directors comprises two types of representatives: ProAm Explorations inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ProAm. The board's role is to monitor ProAm Explorations' management team and ensure that shareholders' interests are well served. ProAm Explorations' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ProAm Explorations' outside directors are responsible for providing unbiased perspectives on the board's policies.
William Davidson, CFO, Director
Donald Macdonald, CEO and President Non-Indepdendent Director and Member of Audit Committee
Christine Davis, Sec
Jason Cubitt, CEO CoChairman
Allan Fabbro, CFO Director

ProAm 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 ProAm Explorations 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for ProAm Stock Analysis

When running ProAm Explorations' price analysis, check to measure ProAm Explorations' 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 ProAm Explorations is operating at the current time. Most of ProAm Explorations' value examination focuses on studying past and present price action to predict the probability of ProAm Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAm Explorations' price. Additionally, you may evaluate how the addition of ProAm Explorations to your portfolios can decrease your overall portfolio volatility.