| PRRVF Stock | | | USD 0.02 0.01 36.36% |
VP
Mr. Rodger Young is Director of the company. Mr. Young has extensive international financial experience with some of his past attributes to include Administrateur Delegue of a family office in Monaco. President of an International group of Lawyers based in Lausanne Switzerland with offices in London UK, Ireland, Luxembourg, Netherlands, West Indies, and Associate Offices in Cyprus with relationships in other jurisdictions. Previously Chairman and owner of a fully licensed International Trustee Company headquartered in the Channel Islands with offices in both Gibraltar and other jurisdictions since 2019.
| Tenure | 5 years |
| Phone | 604 688 8200 |
| Web | https://providencegold.com |
Young has many years of experience in the Natural resources sector as President of a Natural resource fund, based in Toronto with NAV in excess of C$4.6 billion. Director of various other entities based in London UK with primary activities involved in the raising of finance, administration and subsequent development within both the mining sector and commercial property generally.
Providence Gold Management Efficiency
The company has return on total asset
(ROA) of
(0.0975) % which means that it has lost $0.0975 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.1875) %, meaning that it generated substantial loss on money invested by shareholders. Providence Gold's management efficiency ratios could be used to measure how well Providence Gold manages its routine affairs as well as how well it operates its assets and liabilities.
Providence Gold Mines has accumulated 11.56
K in total debt with debt to equity ratio
(D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Providence Gold Mines has a current ratio of 0.22, 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 Providence Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Providence Gold'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 Providence Gold Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Providence to invest in growth at high rates of return. When we think about Providence Gold's use of debt, we should always consider it together with cash and equity.
Providence Gold Mines Inc., an exploration stage company, engages in the exploration and evaluation of mineral properties located in the United States. Providence Gold Mines Inc. was incorporated in 2010 and is based in Surrey, Canada. Providence Gold is traded on OTC Exchange in the United States. Providence Gold Mines [PRRVF] is a
Pink Sheet which is traded between brokers as part of OTC trading.
Management Performance
Providence Gold Mines Management Team
Elected by the shareholders, the Providence Gold's board of directors comprises two types of representatives: Providence Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Providence. The board's role is to monitor Providence Gold's management team and ensure that shareholders' interests are well served. Providence Gold'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, Providence Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Providence 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 Providence Gold 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 Providence Pink Sheet
Providence Gold financial ratios help investors to determine whether Providence 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 Providence with respect to the benefits of owning Providence Gold security.