| SOSI1 Stock | | | EUR 0.09 0.0006 0.65% |
CEO
Mr. Erkki Kuronen was Head of Geology Mining at Sotkamo Silver AB since April 16, 2018 and Managing Director of Sotkamo Silver Oy since May 24, 2019. He has previously been Chief Geologist since October 1, 2016. He has worked successfully for more than 20 years with exploration, deposit modeling, mine planning and mine production. He has skills and experience in managing geological databases and mine planning programs, which is necessary when managing a mine production. Erkki Kuronen was Group Geologist and Mining Manager at Mondo Minerals. He has a MSs degree in geology and mineralogy from Oulu University. He has experience for more than 20 years from mining projects and international mining companies. Erkki is a member of Australasian Institute of Mining and Metallurgyn and has Competent Person status. since 2020.
| Tenure | 4 years |
| Phone | 358 50 599 3539 |
| Web | https://www.silver.fi |
Sotkamo Silver Management Efficiency
The company has return on total asset
(ROA) of
(0.0264) % which means that it has lost $0.0264 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.0973) %, meaning that it generated substantial loss on money invested by shareholders. Sotkamo Silver's management efficiency ratios could be used to measure how well Sotkamo Silver manages its routine affairs as well as how well it operates its assets and liabilities.
Sotkamo Silver AB has accumulated 53.6
M in total debt with debt to equity ratio
(D/E) of 1.11, which is about average as compared to similar companies. Sotkamo Silver AB has a current ratio of 0.43, 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 Sotkamo Silver until it has trouble settling it off, either with new capital or with free cash flow. So, Sotkamo Silver'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 Sotkamo Silver AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sotkamo to invest in growth at high rates of return. When we think about Sotkamo Silver's use of debt, we should always consider it together with cash and equity.
Similar Executives
Sotkamo Silver AB, together with its subsidiaries, explores for and develops mineral deposits. Its primary project is the Silver Mine project located in Sotkamo, Finland. Sotkamo Silver operates under Other Precious Metals Mining classification in Finland and is traded on Helsinki Exchange. It employs 56 people. Sotkamo Silver AB (SOSI1) is traded on Helsinki Exchange in Finland and employs 52 people.
Management Performance
Sotkamo Silver AB Leadership Team
Elected by the shareholders, the Sotkamo Silver's board of directors comprises two types of representatives: Sotkamo Silver inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sotkamo. The board's role is to monitor Sotkamo Silver's management team and ensure that shareholders' interests are well served. Sotkamo Silver'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, Sotkamo Silver's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ilkka Tuokko, Chairman of the Board of Sotkamo Silver Oy, Director | |
| Mikko Jalasto, CEO Oy | |
| Arttu Ohtonen, Mnaging Director of Sotkamo Silver Oy | |
| EevaLiisa Virkkunen, Director | |
| Maria Neovius, Director | |
| Erkki Kuronen, Deputy Chief Executive Officer, Managing Director of Sotkamo Silver Oy | |
| Pekka Veisto, Project Manager for the Silver Mine project | |
| Mauri Visuri, Chairman of the Board | |
| Paul Johnsson, Chief Financial Officer | |
| Tommi Talastera, Chief Officer | |
| Jarmo Vesanto, Independent Director | |
| Mikko Sopanen, Chief Financial Officer | |
| Matti Rusanen, Director | |
| Pasi Mtt, Chief Oy | |
Sotkamo 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 Sotkamo Silver 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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Other Information on Investing in Sotkamo Stock
Sotkamo Silver financial ratios help investors to determine whether Sotkamo 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 Sotkamo with respect to the benefits of owning Sotkamo Silver security.