Ren Lessard - Monarch Gold Independent Director

Director

Mr. Rene Lessard is Independent Director of Monarques Resources Inc. He held the position of sales manager at Campagna Motors Inc., a corporation specialized in vehicle manufacturing, from September 2008 to October 2009. From October 2004 to October 2007, he was sales manager of TRex Vehicles Inc., a corporation specialized in the manufacturing of threewheeled vehicles. From February 2001 to July 2004, he was sales manager of Distribution GLR. From March 1997 to October 2000, he was sales representative of RayFlammes Inc. He is a director of Nemaska, a mining exploration corporation, since September 2008. since 2011.
Tenure 13 years
Phone1 888 994 4465
Webhttp://www.monarquesgold.com

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.
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 Monarch Gold 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, Monarch Gold's short interest history, or implied volatility extrapolated from Monarch Gold options trading.

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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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