Michel Bouchard - Monarch Gold Independent Director

Director

Mr. Michel F. Bouchard is Chairman of the Board of Monarques Resources Inc., He has over 30 years of experience in mineral exploration, development and production, and is credited with the discovery of the BouchardHebert mine in northwestern Quebec. He served as president and CEO of Clifton Star Resources until recently, and has previously held senior management positions with Aiguebelle Resources, Audrey Resources, Lyon Lake Mines, SOQUEM, McWatters Mining, Cadiscor Resources, North American Palladium and NAP Quebec Mines. He also sits on the boards of a number of other public mining companies since 2016.
Tenure 8 years
Professional MarksMBA
Phone1 888 994 4465
Webhttp://www.monarquesgold.com
Bouchard has a BSc and an MSc in geology and an MBA.

Monarch Gold Management Efficiency

The company has return on total asset (ROA) of (4.46) % which means that it has lost $4.46 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 9.48 %, meaning that it generated $9.48 on every $100 dollars invested by stockholders. Monarch Gold's management efficiency ratios could be used to measure how well Monarch Gold manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 5.88 M in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Monarch Gold has a current ratio of 4.83, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Monarch Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Monarch Gold'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 Monarch Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Monarch to invest in growth at high rates of return. When we think about Monarch Gold's use of debt, we should always consider it together with cash and equity.

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Monarch Gold Corporation engages in the acquisition, exploration, and development of mining properties in Canada. As of January 21, 2021, Monarch Gold Corporation operates as a subsidiary of Yamana Gold Inc.. MONARCH GOLD operates under Gold classification in the United States and is traded on OTC Exchange. Monarch Gold [MRQRF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Monarch Gold Leadership Team

Elected by the shareholders, the Monarch Gold's board of directors comprises two types of representatives: Monarch Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Monarch. The board's role is to monitor Monarch Gold's management team and ensure that shareholders' interests are well served. Monarch Gold'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, Monarch Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lucie Desjardins, Corporate Secretary and Director - Legal Services
Mathieu Seguin, Vice President of Corporate Development
Michel Bouchard, Independent Director
Ronald Leber, Chief Geologist - Exploration
Michel Baril, Independent Chairman of the Board
Christian Pichette, Director
JeanMarc Lacoste, President CEO, Director
Ren Lessard, Independent Director
Marcel Jolicoeur, Director
Guy Bourassa, Secretary and Director
Vincent Janelle, VP of Investor Relations
Rene Lessard, Independent Director
Robert Ayotte, Independent Director
Alain Levesque, CFO
MarcAndre Laverge, Vice President - Operations

Monarch Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Monarch Gold 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.

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Other Consideration for investing in Monarch OTC Stock

If you are still planning to invest in Monarch Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Monarch Gold's history and understand the potential risks before investing.
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