David Groves - Sarama Resources Non-Executive Director

SRMMF Stock  USD 0.01  0.0001  1.35%   

Director

Mr. David Groves is a NonExecutive Director of the Company. Mr. Groves has more than 30 years of experience in precious metals exploration, resource development and business development and brings a highly complementary skill set to the board of Sarama. Most recently, Mr. Groves served as vicepresident, global exploration, for Centerra Gold, where he oversaw a large resource expansion at the Kumtor mine in Kyrgyzstan and delineation of a significant oxidegold resource at the Oksut greenfield discovery in Turkey. Prior to Centerra, Mr. Groves worked for Newmont Mining Corporationration in exploration and businessdevelopment roles in North America, Australia, Europe and West Africa. While at Newmont, he oversaw a major resource expansion at the Akyem gold deposit in West Africa, directed greenfield discoveries of Carlintype and highsulphidation gold deposits in the Tethys mineral belt in Turkey and Armenia, and participated in the discovery and delineation of the Leeville and Turf gold deposits on the Carlin trend in Nevada since 2014.
Tenure 10 years
Phone61 8 9363 7600
Webhttps://www.saramaresources.com
Groves holds a degree in geology and a master of science degree, and is a fellow of the Society of Economic Geologists and a certified professional geologist with the American Institute of Professional Geologists.

Sarama Resources Management Efficiency

The company has return on total asset (ROA) of (0.6815) % which means that it has lost $0.6815 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.7916) %, meaning that it generated substantial loss on money invested by shareholders. Sarama Resources' management efficiency ratios could be used to measure how well Sarama Resources manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 267.7 K in total debt with debt to equity ratio (D/E) of 0.22, which may suggest the company is not taking enough advantage from borrowing. Sarama Resources has a current ratio of 2.8, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Sarama Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Sarama Resources' 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 Sarama Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sarama to invest in growth at high rates of return. When we think about Sarama Resources' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Jose FuenteCompania de Minas
N/A
Michael BaybakAvino Silver Gold
N/A
Felix RivasCompania de Minas
N/A
Amy JacobsenEndeavour Silver Corp
N/A
Daniel VeraCompania de Minas
45
Pedro BenavidesCompania de Minas
N/A
Alejandro TassaraCompania de Minas
N/A
Mario SalasCompania de Minas
N/A
Jose DassoCompania de Minas
72
Leanne BakerMcEwen Mining
66
Rosemarie AtocheCompania de Minas
N/A
Isaac CCompania de Minas
N/A
Edgar MirandaCompania de Minas
N/A
Diego PiedraCompania de Minas
57
Jorge CorderoCompania de Minas
N/A
Mario SzotlenderEndeavour Silver Corp
58
Miguel MussoCompania de Minas
N/A
Vanessa ChavezCompania de Minas
N/A
Percy VargasCompania de Minas
N/A
Ronald AndrewsAvino Silver Gold
N/A
Richar VCompania de Minas
N/A
Sarama Resources Ltd, an exploration stage company, engages in the sourcing, exploration, and development of gold deposits in West Africa. The company was incorporated in 2010 and is headquartered in Subiaco, Australia. Sarama Resources operates under Gold classification in the United States and is traded on OTC Exchange. Sarama Resources [SRMMF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Sarama Resources Leadership Team

Elected by the shareholders, the Sarama Resources' board of directors comprises two types of representatives: Sarama Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sarama. The board's role is to monitor Sarama Resources' management team and ensure that shareholders' interests are well served. Sarama Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sarama Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jack Hamilton, Vice President - Exploration
MBA BEng, CEO Director
Andrew Dinning, President CEO, Director
John Hamilton, Founder Exploration
Lui Evangelista, CFO Sec
Glenton Masterman, Non-Executive Director
Sean Harvey, Non-Executive Independent Chairman of the Board
Paul Schmiede, Vice President - Corporate Development
David Groves, Non-Executive Director
Simon Jackson, Independent Director

Sarama Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Sarama Resources 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 Sarama Resources 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, Sarama Resources' short interest history, or implied volatility extrapolated from Sarama Resources options trading.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sarama Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Sarama Pink Sheet analysis

When running Sarama Resources' price analysis, check to measure Sarama Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sarama Resources is operating at the current time. Most of Sarama Resources' value examination focuses on studying past and present price action to predict the probability of Sarama Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sarama Resources' price. Additionally, you may evaluate how the addition of Sarama Resources to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Please note, there is a significant difference between Sarama Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sarama Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sarama Resources' 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.