Andrzej Kowalski - Magnum Goldcorp Director

MGI Stock  CAD 0.02  0.00  0.00%   

Director

Mr. Andrzej Kowalski is Director of the company. He is a lawyer experienced in commercial law and litigation and is also a successful entrepreneur and multiple business owner. Much of Mr. Kowalski business career has involved founding, financing, operating and selling technology companies both in private and public sectors. since 2017.
Tenure 7 years
Address 2489 Bellevue Avenue, West Vancouver, BC, Canada, V7V 1E1
Phone604 922 2030
Webhttps://magnumgoldcorp.com

Magnum Goldcorp Management Efficiency

Other Current Assets is likely to climb to 7,700 in 2024, whereas Total Assets are likely to drop slightly above 2.9 M in 2024. Magnum Goldcorp's management efficiency ratios could be used to measure how well Magnum Goldcorp manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 87.5 K in total debt with debt to equity ratio (D/E) of 3.3, implying the company greatly relies on financing operations through barrowing. Magnum Goldcorp has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Magnum Goldcorp until it has trouble settling it off, either with new capital or with free cash flow. So, Magnum Goldcorp'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 Magnum Goldcorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magnum to invest in growth at high rates of return. When we think about Magnum Goldcorp's use of debt, we should always consider it together with cash and equity.

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Magnum Goldcorp Inc. engages in the acquisition and exploration of mineral resource properties in Canada. Magnum Goldcorp Inc. was incorporated in 2011 and is based in West Vancouver, Canada. MAGNUM GOLDCORP operates under Gold classification in Canada and is traded on TSX Venture Exchange. Magnum Goldcorp (MGI) is traded on TSX Venture Exchange in Canada and employs 8 people. Magnum Goldcorp is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Magnum Goldcorp Leadership Team

Elected by the shareholders, the Magnum Goldcorp's board of directors comprises two types of representatives: Magnum Goldcorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Magnum. The board's role is to monitor Magnum Goldcorp's management team and ensure that shareholders' interests are well served. Magnum Goldcorp'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, Magnum Goldcorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael QC, Co Sec
Benjamin Ainsworth, Director
Andrzej Kowalski, Director
Douglas Mason, Chairman of the Board, CEO
Bruce Morley, Director
Daniel Evans, President Director
Sead Hamzagic, CFO, Director
David Evans, Independent Director

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