Tim Thiessen - Metallic Minerals CFO

MMG Stock  CAD 0.28  0.01  3.45%   

CFO

Mr. Tim Thiessen is Chief Financial Officer of the Company. Mr. Tim Thiessen is a Chartered Accountant with almost 20 years of international accounting and finance experience, the last 13 years in the mining industry. His experience includes holding the position of Chief Financial Officer at three publiclylisted minerals companies Foran Mining, SnipGold, and Aurcana Corporationrationration. Prior to this, Mr. Thiessen spent 7 years as Vice President of Finance for TSXlisted Endeavour Financial, an advisory firm in the mining industry specializing in mergers and acquisitions, debt and equity financing. He was part of a team that spawned industryleading companies such as Silver Wheaton, UrAsia Energy, Peak Gold and Coastal Energy Corporationration Mr. Thiessen is a member of the Chartered Professional Accountants of Canada and has also held positions as Controller with Endeavour Mining Capital Corporationration and as an auditor for Deloitte LLP, with a focus in the mining and financial services industries. since 2019.
Tenure 5 years
Address 409 Granville Street, Vancouver, BC, Canada, V6C 1T2
Phone604-629-7800
Webhttps://mmgsilver.com

Metallic Minerals Management Efficiency

The company has return on total asset (ROA) of (0.5508) % which means that it has lost $0.5508 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.9181) %, meaning that it generated substantial loss on money invested by shareholders. Metallic Minerals' management efficiency ratios could be used to measure how well Metallic 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 -0.41 in 2024. Return On Capital Employed is likely to drop to -0.56 in 2024. At this time, Metallic Minerals' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 5.7 M in 2024, whereas Debt To Assets are likely to drop 0 in 2024.
The company has accumulated 22 K in total debt with debt to equity ratio (D/E) of 2.0, which is about average as compared to similar companies. Metallic Minerals Corp has a current ratio of 1.79, which is within standard range for the sector. Debt can assist Metallic Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Metallic 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 Metallic Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Metallic to invest in growth at high rates of return. When we think about Metallic Minerals' use of debt, we should always consider it together with cash and equity.

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Metallic Minerals Corp. acquires, explores for, and develops mineral properties. Metallic Minerals Corp. was founded in 2007 and is headquartered in Vancouver, Canada. METALLIC MINERALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. Metallic Minerals Corp (MMG) is traded on TSX Venture Exchange in Canada and employs 14 people. Metallic Minerals is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Metallic Minerals Corp Leadership Team

Elected by the shareholders, the Metallic Minerals' board of directors comprises two types of representatives: Metallic Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Metallic. The board's role is to monitor Metallic Minerals' management team and ensure that shareholders' interests are well served. Metallic 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, Metallic Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Scott Petsel, Vice President - Exploration
Connie Norman, Corporate Secretary
Tim Thiessen, CFO
Chris Ackerman, Vice Development
William Harris, Independent Director
Stephen Pearce, Director
Alicia Milne, Corporate Secretary
Gregor Hamilton, Director
Mathew Lee, CFO
PGeo MBA, President
Lindsay Wilson, Manager Relations
Gregory Johnson, Chairman of the Board, CEO
Susan Craig, Executive Vice President
Susan Henderson, Finance Secretary

Metallic 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 Metallic 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.
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 Metallic Minerals 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, Metallic Minerals' short interest history, or implied volatility extrapolated from Metallic Minerals options trading.

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Please note, there is a significant difference between Metallic Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Metallic Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metallic Minerals' 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.