| M83 Stock | | | EUR 0.01 0.0005 10.00% |
CEO
Mr. Richard Yeates has served as Chief Executive Officer, Managing Director and Executive Director of Middle Island Resources Ltd since March 2, 2010. He is a geologist whose professional career has spanned 30 years, variously working for companies such as BHP, Newmont and Amax, prior to cofounding the consulting firm of Resource Service Group in 1987, which was ultimately sold to ASX listed consulting firm, Coffey International, in 2006 to become Coffey Mining. He has international experience, having worked in some 30 countries, particularly within Africa and South America, variously undertaking project management assignments, feasibility studies and independent reviews for company listings, project finance audits and technical valuations. He has also been responsible for developing and overseeing all marketing and promotional activities undertaken by RSG, RSG Global and Coffey Mining over the last 23 years. He is a Member of the Australasian Institute of Mining and Metallurgy, a Member of the Australian Institute of Geoscientists and is a Graduate Member of the Australian Institute of Company Directors . He currently serves as a NonExecutive Director of ASX 200 nickel producer Western Areas NL, and is a board member of the AustraliaAfrica Mining Industry Group, established in early 2010 at the request of the Federal Government to facilitate Australias reengagement with Africa. He is Member of the Audit Committee within the Company. since 2010.
| Tenure | 14 years |
| Phone | 61 8 9322 1430 |
| Web | https://www.middleisland.com.au |
Middle Island Management Efficiency
The company has return on total asset
(ROA) of
(0.1514) % which means that it has lost $0.1514 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.7065) %, meaning that it generated substantial loss on money invested by shareholders. Middle Island's management efficiency ratios could be used to measure how well Middle Island manages its routine affairs as well as how well it operates its assets and liabilities.
Middle Island Resources has accumulated 24.5
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. Middle Island Resources has a current ratio of 4.62, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Middle Island until it has trouble settling it off, either with new capital or with free cash flow. So, Middle Island'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 Middle Island Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Middle to invest in growth at high rates of return. When we think about Middle Island's use of debt, we should always consider it together with cash and equity.
Middle Island Resources Limited operates as a gold exploration and development company in Australia. The company was incorporated in 2010 and is headquartered in West Perth, Australia. MIDDLE ISLAND operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. Middle Island Resources (M83) is traded on Frankfurt Exchange in Germany and employs 8 people.
Management Performance
Middle Island Resources Leadership Team
Elected by the shareholders, the Middle Island's board of directors comprises two types of representatives: Middle Island inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Middle. The board's role is to monitor Middle Island's management team and ensure that shareholders' interests are well served. Middle Island'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, Middle Island's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Beau Nicholls, Technical Director, Executive Director | |
| Rudolf Tieleman, Company Sec | |
| Andrew Chubb, Exploration Manager - West Africa | |
| Richard Yeates, Chief Executive Officer, Managing Director, Executive Director | |
| Dennis Wilkins, Company Secretary | |
| Bradley Marwood, Non-Executive Independent Director | |
| Peter Thomas, Non-Executive Chairman of the Board | |
Middle 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 Middle Island 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 Middle Stock
Middle Island financial ratios help investors to determine whether Middle 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 Middle with respect to the benefits of owning Middle Island security.