Gary Nordin - Orestone Mining Independent Director

ORS Stock  CAD 0.02  0.00  0.00%   

Director

Mr. Gary D. Nordin is Director of Orestone Mining Corporationration He resigned from the position of Vice President Exploration of the Company with effect from 8 October 2013. He is President of Discovery Resource Corporationration from October 2008 to present Vice President, Exploration of Portal Resources Ltd., an oil and gas company, from March 2004 to November 2008 and from May 2011 to present. since 2013.
Age 76
Tenure 11 years
Address 885 West Georgia Street, Vancouver, BC, Canada, V6C 3H4
Phone604-629-1929
Webhttps://orestone.ca

Orestone Mining Management Efficiency

The company has return on total asset (ROA) of (0.0178) % which means that it has lost $0.0178 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0342) %, meaning that it generated substantial loss on money invested by shareholders. Orestone Mining's management efficiency ratios could be used to measure how well Orestone Mining manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Orestone Mining's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to climb to 0.03 in 2024, despite the fact that Return On Capital Employed is likely to grow to (0.04). At this time, Orestone Mining's Non Currrent Assets Other are fairly stable compared to the past year. Other Assets is likely to climb to about 33.4 K in 2024, whereas Non Current Assets Total are likely to drop slightly above 2.6 M in 2024.
Orestone Mining Corp has accumulated 164.79 K in total debt with debt to equity ratio (D/E) of 3.7, implying the company greatly relies on financing operations through barrowing. Orestone Mining Corp has a current ratio of 3.98, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Orestone Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Orestone 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 Orestone Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Orestone to invest in growth at high rates of return. When we think about Orestone Mining's use of debt, we should always consider it together with cash and equity.
Orestone Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Chile. The company was incorporated in 2007 and is based in Vancouver, Canada. ORESTONE MINING operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. Orestone Mining Corp (ORS) is traded on TSX Venture Exchange in Canada and employs 5 people. Orestone Mining is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Orestone Mining Corp Leadership Team

Elected by the shareholders, the Orestone Mining's board of directors comprises two types of representatives: Orestone Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Orestone. The board's role is to monitor Orestone Mining's management team and ensure that shareholders' interests are well served. Orestone 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, Orestone Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
BCom BComm, Chief Officer
Ross Zawada, Manager Exploration
Gary Nordin, Independent Director
David Hottman, CEO and President Director and Member of Audit Committee
W Winfield, President Director

Orestone Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for Orestone Stock Analysis

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