David Hodge - Commerce Resources CEO and Non Independent Director

CCE Stock  CAD 0.08  0.00  0.00%   

CEO

Mr. David Hodge is Chief Executive Officer, Director of Commerce Resources Crop. He was the Director since May 1999. He contributes to Commerce Resources many years of management experience with publicly traded companies. He was a director of mineral exploration companies since 1996, and has stewarded the Blue River Project from its acquisition in 2000 through to current development activities. David Hodge is also a director of Petrol One Corporationration and Jody Dahrouge is also a director of AceroMartin Exploration Inc. and FibreCrown Manufacturing Inc. since 2014.
Age 71
Tenure 10 years
Address 789 West Pender Street, Vancouver, BC, Canada, V6C 1H2
Phone604 484 2700
Webhttps://www.commerceresources.com

Commerce Resources Management Efficiency

The company has return on total asset (ROA) of (0.0175) % which means that it has lost $0.0175 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.4763) %, meaning that it generated substantial loss on money invested by shareholders. Commerce Resources' management efficiency ratios could be used to measure how well Commerce Resources manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.02 in 2024. Return On Capital Employed is likely to drop to -0.02 in 2024. At this time, Commerce Resources' Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 87.4 M in 2024, whereas Other Current Assets are likely to drop slightly above 310.4 K in 2024.
Commerce Resources Corp has accumulated 121.81 K in total debt. Commerce Resources Corp has a current ratio of 0.08, 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 Commerce Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Commerce Resources' 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 Commerce Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Commerce to invest in growth at high rates of return. When we think about Commerce Resources' use of debt, we should always consider it together with cash and equity.

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Ian PEngOutcrop Gold Corp
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Commerce Resources Corp. acquires, explores, develops, and evaluates mineral resource properties in Canada. Commerce Resources Corp. was incorporated in 1999 and is headquartered in Vancouver, Canada. Commerce Resources operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. Commerce Resources Corp (CCE) is traded on TSX Venture Exchange in Canada and employs 5 people. Commerce Resources is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Commerce Resources Corp Leadership Team

Elected by the shareholders, the Commerce Resources' board of directors comprises two types of representatives: Commerce Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Commerce. The board's role is to monitor Commerce Resources' management team and ensure that shareholders' interests are well served. Commerce Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Commerce Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
David Hodge, CEO and Non Independent Director
John Grove, Director Development
CPA CGA, CFO Sec
Patrik Schmidt, Vice Exploration
CPA BComm, President CEO

Commerce 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 Commerce Resources 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 Commerce Stock Analysis

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