Denis Laviolette - Xtra Gold Director

XTG Stock  CAD 1.33  0.02  1.48%   

Director

Mr. Denis Laviolette, B.Sc, Earth Science, is an Director of the Company. He is an intermediate level mining and exploration professional with approximately 10 years of experience in exploration, advanced mine operations, startup mine management, QAQC, grass roots exploration, financing and acquisitions, working in Northern Ontario, Norway and Ghana. He is also experienced with respect to GIS, 3Dmodeling, resource delineationestimation and large scale regional target delineation and production work, with a focus in Archean mesothermal gold terranes and structural geology. Mr. Laviolette is a mining analyst with Pinetree Capital Ltd. in Toronto since February 2014 to the present time. His responsibilities at Pinetree include marketportfolio analysis, reviewing and vetting assets from a technical perspective and providing valuation estimates, analyzing and summarizing technical reports on resources, feasibility and corporate financial statements. Mr. Laviolette was and is currently chief geologistpartneroperator of M.A. Resources Ltd., a privately held alluvial mining and exploration company in Ghana since February 2013 to the present time. Mr. Laviolette received his B.Sc, Earth Science from Brock University, St. Catharines, Ontario. since 2015.
Tenure 9 years
Address Monte Carlo #7, Nassau, Bahamas
Phone416 628 2881
Webhttps://www.xtragold.com

Xtra Gold Management Efficiency

The company has return on total asset (ROA) of 0.09 % which means that it generated a profit of $0.09 on every $100 spent on assets. This is way below average. Xtra Gold's management efficiency ratios could be used to measure how well Xtra Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 3rd of June 2024, Return On Capital Employed is likely to grow to 0.21, while Return On Tangible Assets are likely to drop (0.01). At this time, Xtra Gold's Non Current Assets Total are very stable compared to the past year. As of the 3rd of June 2024, Total Current Assets is likely to grow to about 10.8 M, while Total Assets are likely to drop about 7.8 M.
Xtra-Gold Resources Corp. engages in the exploration and development of gold properties in Ghana, West Africa. Xtra-Gold Resources Corp. was incorporated in 1998 and is based in Nassau, Bahamas. XTRA GOLD is traded on Toronto Stock Exchange in Canada. Xtra Gold Resources Corp (XTG) is traded on Toronto Exchange in Canada and employs 11 people. Xtra Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Xtra Gold Resources Leadership Team

Elected by the shareholders, the Xtra Gold's board of directors comprises two types of representatives: Xtra Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Xtra. The board's role is to monitor Xtra Gold's management team and ensure that shareholders' interests are well served. Xtra 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, Xtra Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
BA BA, VP CFO
Denis Laviolette, Director
Yves PGeo, Vice Exploration
Hans Morsches, Director
Yves Clement, Vice President - Exploration
James BA, Chairman, CoFounder
William Asiedu, Chief Officer
James Schweitzer, Independent Director
Peter Minuk, Corporate Secretary, Director, Member of Audit Committee, Member of Nominating and Corporate Governance Committee and Member of Compensation Committee
Victor Nkansa, Chief Financial Officer, Vice President - Ghana Operations
James Longshore, Chairman of the Board, Chief Executive Officer

Xtra 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 Xtra 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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When running Xtra Gold's price analysis, check to measure Xtra Gold's 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 Xtra Gold is operating at the current time. Most of Xtra Gold's value examination focuses on studying past and present price action to predict the probability of Xtra Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xtra Gold's price. Additionally, you may evaluate how the addition of Xtra Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Xtra Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtra Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtra Gold'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.