Thomas BSc - Norsemont Mining Consulting Geologist

NRRSF Stock  USD 0.18  0.01  5.26%   

Insider

Thomas BSc is Consulting Geologist of Norsemont Mining
Age 74
Phone778 240 7724
Webhttps://norsemont.com

Norsemont Mining Management Efficiency

The company has return on total asset (ROA) of (0.1569) % which means that it has lost $0.1569 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3028) %, meaning that it generated substantial loss on money invested by shareholders. Norsemont Mining's management efficiency ratios could be used to measure how well Norsemont Mining manages its routine affairs as well as how well it operates its assets and liabilities.
Norsemont Mining has accumulated 1.03 M in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Norsemont Mining has a current ratio of 0.25, 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 Norsemont Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Norsemont Mining'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 Norsemont Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Norsemont to invest in growth at high rates of return. When we think about Norsemont Mining's use of debt, we should always consider it together with cash and equity.

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Norsemont Mining Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. Norsemont Mining Inc. was incorporated in 2000 and is headquartered in Vancouver, Canada. Norsemont Mining is traded on OTC Exchange in the United States. Norsemont Mining [NRRSF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Norsemont Mining Leadership Team

Elected by the shareholders, the Norsemont Mining's board of directors comprises two types of representatives: Norsemont Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Norsemont. The board's role is to monitor Norsemont Mining's management team and ensure that shareholders' interests are well served. Norsemont Mining'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, Norsemont Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
BSc CA, Chief Officer
Marc Levy, CEO Chairman
John Currie, VP Exploration
ARSM BSc, Chief Board
Thomas BSc, Consulting Geologist

Norsemont Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Norsemont Mining 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 Norsemont Pink Sheet

Norsemont Mining financial ratios help investors to determine whether Norsemont Pink Sheet 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 Norsemont with respect to the benefits of owning Norsemont Mining security.