Simon Ridgway - Rackla Metals CEO and President and Director

RAK Stock  CAD 0.11  0.00  0.00%   

CEO

Mr. Simon T. Ridgway is Chief Executive Officer, Director of Rackla Metals Inc. He is a prospector, a mining financier and a Casey Research Explorer League inductee. He and the exploration teams under his guidance have discovered gold deposits in Honduras, Guatemala, Nicaragua and he is looking to continue that success in the Yukon Territory. Simon is also the Chairman of both Fortuna Silver Mines and Focus Ventures. since 2017.
Age 75
Tenure 7 years
Address 200 Burrard Street, Vancouver, BC, Canada, V6C 3L6
Phone604 801 5432
Webhttps://racklametals.com

Rackla Metals Management Efficiency

The company has return on total asset (ROA) of (0.6575) % which means that it has lost $0.6575 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.2188) %, meaning that it generated substantial loss on money invested by shareholders. Rackla Metals' management efficiency ratios could be used to measure how well Rackla Metals manages its routine affairs as well as how well it operates its assets and liabilities. Total Assets is likely to climb to about 2.9 M in 2024. Net Tangible Assets is likely to climb to about 968.4 K in 2024
Rackla Metals has accumulated 500.26 K in total debt. Rackla Metals has a current ratio of 0.35, 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 Rackla Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Rackla Metals' 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 Rackla Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rackla to invest in growth at high rates of return. When we think about Rackla Metals' use of debt, we should always consider it together with cash and equity.

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Rackla Metals Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Rackla Metals Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada. RACKLA METALS operates under Gold classification in Canada and is traded on TSX Venture Exchange. Rackla Metals (RAK) is traded on TSX Venture Exchange in Canada and employs 6 people. Rackla Metals is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Rackla Metals Leadership Team

Elected by the shareholders, the Rackla Metals' board of directors comprises two types of representatives: Rackla Metals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rackla. The board's role is to monitor Rackla Metals' management team and ensure that shareholders' interests are well served. Rackla Metals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rackla Metals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Simon Ridgway, CEO and President and Director
MAusIMM MSc, Pres Director
Adam Buchanan, Vice Development
Kevin Bales, Chief Officer
Scott Casselman, Vice Exploration
Sally Whittall, Corporate Secretary

Rackla 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 Rackla Metals 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

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Additional Tools for Rackla Stock Analysis

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