David Smith - Wealth Minerals Manager of Corporate Devel.

WML Stock  CAD 0.04  0.01  12.50%   

Executive

David Smith is Manager of Corporate Devel. of Wealth Minerals since 2012.
Tenure 12 years
Address 200 Granville Street, Vancouver, BC, Canada, V6C 1S4
Phone604-331-0096
Webhttps://wealthminerals.com

David Smith Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Smith against Wealth Minerals stock is an integral part of due diligence when investing in Wealth Minerals. David Smith insider activity provides valuable insight into whether Wealth Minerals is net buyers or sellers over its current business cycle. Note, Wealth Minerals insiders must abide by specific rules, including filing SEC forms every time they buy or sell Wealth Minerals'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Wealth Minerals Management Efficiency

The company has return on total asset (ROA) of (0.1139) % which means that it has lost $0.1139 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2815) %, 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. Return On Tangible Assets is likely to drop to -0.18 in 2024. Return On Capital Employed is likely to drop to -0.18 in 2024. At this time, Wealth Minerals' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 59.8 M in 2024, whereas Other Assets are likely to drop slightly above 21.5 K in 2024.
Wealth Minerals has accumulated 27.12 K in total debt with debt to equity ratio (D/E) of 6.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Wealth Minerals 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 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.

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Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada, Mexico, Peru, and Chile. The company was founded in 1994 and is headquartered in Vancouver, Canada. WEALTH MINERALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. Wealth Minerals (WML) is traded on TSX Venture Exchange in Canada and employs 8 people. Wealth Minerals is listed under Diversified Metals & Mining category by Fama And French industry classification.

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.
Anthony Mariano, Consultant Board
Hendrik Alphen, CEO and President and Director
John PGeo, Senior Geologist
Cesar Jil, Chief Chile
CPA CGA, Chief Officer
Marla Ritchie, Corporate Secretary
David Smith, Manager of Corporate Devel.
Raul Lira, Consultant Board

Wealth 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 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.

Thematic Opportunities

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Additional Tools for Wealth Stock Analysis

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