Jack Hanks - MMEX Resources Chairman

MMEX Stock  USD 0.0001  0.0001  50.00%   

Chairman

Mr. Jack W. Hanks serves as President, Chief Executive Officer, Chief Financial Officer, Director of MMEX Mining Corporationration. Mr. Hanks founded Maple Resources Corporation in the United States, in 1986 and was President or Chairman of the Board of Maple Resources Corporation since its inception. Mr. Hanks has also been the Executive Chairman of Maple Energy PLC, a publiclylisted company on the London Stock Exchange AIM and the Lima Bolsa. Prior to founding Maple, Mr. Hanks was a partner in the Washington D.C. office of the law firm of Akin Gump Strauss. Mr. Hanks graduated from the University of Texas at Austin with a law degree in 1971 and a petroleum land management degree in 1968. since 2010.
Age 77
Tenure 14 years
Phone855 880 0400
Webhttps://www.mmexresources.com

MMEX Resources Management Efficiency

The company has return on total asset (ROA) of (1.4281) % which means that it has lost $1.4281 on every $100 spent on assets. This is way below average. MMEX Resources' management efficiency ratios could be used to measure how well MMEX Resources manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 1.52 M in liabilities with Debt to Equity (D/E) ratio of 4.03, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. MMEX Resources Corp has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist MMEX Resources until it has trouble settling it off, either with new capital or with free cash flow. So, MMEX 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 MMEX Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MMEX to invest in growth at high rates of return. When we think about MMEX Resources' use of debt, we should always consider it together with cash and equity.

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MMEX Resources Corporation engages in the development, financing, construction, and operation of solar-powered modular refineries producing clean fuels, hydrogen, and carbon capture. The company was founded in 1986 and is based in Austin, Texas. Mmex Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. MMEX Resources Corp [MMEX] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

MMEX Resources Corp Leadership Team

Elected by the shareholders, the MMEX Resources' board of directors comprises two types of representatives: MMEX Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MMEX. The board's role is to monitor MMEX Resources' management team and ensure that shareholders' interests are well served. MMEX 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, MMEX Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Mary Merritt, Consultant Reporting
Jack Hanks, Chairman, CEO and President CFO and Member of Compensation Committee

MMEX 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 MMEX 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MMEX Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MMEX Resources' short interest history, or implied volatility extrapolated from MMEX Resources options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMEX Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the MMEX Resources Corp information on this page should be used as a complementary analysis to other MMEX Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for MMEX Pink Sheet analysis

When running MMEX Resources' price analysis, check to measure MMEX 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 MMEX Resources is operating at the current time. Most of MMEX Resources' value examination focuses on studying past and present price action to predict the probability of MMEX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MMEX Resources' price. Additionally, you may evaluate how the addition of MMEX Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between MMEX Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if MMEX Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MMEX Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.