Green, cofounder of the Company, has over 25 years experience in the resource sector in the areas of finance, management and corporate development. She has assembled and directed a team of exceptional industry professionals. For over 10 years she has kept the team focused on its principal project with the goal of becoming the only integrated cobalt miner and refiner in the Western Hemisphere. She was responsible for the raising approximately $180 million in equity funding for the Company and does not sit as a director or officer of any other publicly listed companies.
Management Efficency
The company has return on total asset (ROA) of (1.65) % which means that it has lost $1.65 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (4.83) % meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 33.84 M in total debt with debt to equity ratio (D/E) of 0.24 which may suggest the company is not taking enough advantage from borrowing. Formation Metals Inc has Current Ratio of 14.09 suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due.
Formation Metals Inc. engages in the exploration, development, and refining of mineral properties in Canada, the United States, and Mexico. Formation Metals Inc [FCO] is traded on Toronto Stock Exchange in Canada. It is located in Vancouver, BC VC W and employs 14 people. Filter other
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