| WMLLF Stock | | | USD 0.05 0.01 25.00% |
Executive
Mr. Cesar Jil is Chief Technology Officer of the Company since 2018.
| Tenure | 6 years |
| Phone | 604 331 0096 |
| Web | https://www.wealthminerals.com |
Jil most recently served as Manager of Lithium Extraction Technologies of Albemarle Lithium and Advanced Materials global business and was with that company for five years. He is an expert in the latest technologies and methodologies regarding lithium beneficiation from natural brines, and has worked in the Atacama, Antofalla and Silver Peak salars/salt lake beds. Prior to Albemarle, Mr. Jil worked at Anglo American Mantos Blancos copper project in Chile, with the task of optimizing operational processes. He also was a process engineer for Sociedad Chilena de Litio, a world leader in processing lithium to lithium carbonate and lithium chloride for the global chemicals industry.
Wealth Minerals Management Efficiency
The company has return on total asset
(ROA) of
(0.1344) % which means that it has lost $0.1344 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.3127) %, meaning that it generated substantial loss on money invested by shareholders. Wealth Minerals' management efficiency ratios could be used to measure how well Wealth Minerals manages its routine affairs as well as how well it operates its assets and liabilities.
Wealth Minerals has accumulated 40
K in total debt. Wealth Minerals has a current ratio of 4.38, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Wealth Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Wealth Minerals' 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 Wealth Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wealth to invest in growth at high rates of return. When we think about Wealth Minerals' use of debt, we should always consider it together with cash and equity.
Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Chile, Canada, and Mexico. It principally holds interests in the Atacama project that comprises 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile. WEALTH MINERALS is traded on OTC Exchange in the United States. Wealth Minerals [WMLLF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.
Management Performance
Wealth Minerals Leadership Team
Elected by the shareholders, the Wealth Minerals' board of directors comprises two types of representatives: Wealth Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wealth. The board's role is to monitor Wealth Minerals' management team and ensure that shareholders' interests are well served. Wealth Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wealth Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Wealth 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 Wealth Minerals 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 Wealth OTC Stock
Wealth Minerals financial ratios help investors to determine whether Wealth 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 Wealth with respect to the benefits of owning Wealth Minerals security.