Kenneth Brinsden - Atlas Iron CEO, Managing Director, Executive Director
CEO
Mr. Kenneth Edward Brinsden is NonExecutive Director of Atlas Iron Ltd. Mr Brinsden joined Atlas in May 2006 as Operations Manager. In January 2010 he was promoted to Chief Operating Officer and in July 2011 to Chief Development Officer. Over this time he was instrumental to the growth of the Company which has seen it develop from a junior explorer to an iron ore producer. Mr Brinsden is a mining engineer with over 20 years experience in surface and underground mining operations. Since graduating from the Western Australian School of Mines in 1993 he has held a number of roles in production management and brownfields and greenfields mine developments across a number of leading companies including Central Norseman Gold Corporation Iluka Resources Limited WMC Resources Limited and Gold Fields Limited. During the last three years Mr Brinsden was a NonExecutive Director of Shaw River Manganese Limited . since 2015.
| Tenure | 9 years |
| Phone | 61 8 6228 8000 |
| Web | http://www.atlasiron.com.au |
Atlas Iron Management Efficiency
The company has return on total asset (ROA) of (13.59) % which means that it has lost $13.59 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (69.69) %, meaning that it generated substantial loss on money invested by shareholders. Atlas Iron's management efficiency ratios could be used to measure how well Atlas Iron manages its routine affairs as well as how well it operates its assets and liabilities.The company has accumulated 63.84 M in total debt with debt to equity ratio (D/E) of 55.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Atlas Iron Limited has a current ratio of 1.18, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Atlas Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Atlas Iron'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 Atlas Iron Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Atlas to invest in growth at high rates of return. When we think about Atlas Iron's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -69.69 | |||
| Return On Asset | -13.59 |
Atlas Iron Limited Leadership Team
Elected by the shareholders, the Atlas Iron's board of directors comprises two types of representatives: Atlas Iron inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atlas. The board's role is to monitor Atlas Iron's management team and ensure that shareholders' interests are well served. Atlas Iron'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, Atlas Iron's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bronwyn Kerr, General Counsel, Joint Company Secretary | ||
| Spiro Pappas, Non-Executive Chairman of the Board | ||
| David Flanagan, Non-Executive Chairman of the Board | ||
| Jeremy Sinclair, COO | ||
| Robert Wilson, Chief Development Officer | ||
| Mark Lawrenson, CEO, Managing Director, Director | ||
| Jeff Dowling, Independent Non-Executive Director | ||
| Anthony Walsh, Company Secretary, Head - Corporate | ||
| Yasmin Broughton, General Counsel, Joint Company Secretary | ||
| Daniel Harris, Director | ||
| Alan Carr, Director | ||
| Kenneth Brinsden, CEO, Managing Director, Executive Director | ||
| Cheryl Edwardes, Director | ||
| Mark Hancock, Executive Director - Commercial, Company Secretary | ||
| Eugene Davis, Non-Executive Chairman of the Board | ||
| Chris Els, CFO, Joint Company Secretary | ||
| Ian Plimer, Non-Executive Director | ||
| Tadeusz Watroba, Non-Executive Director | ||
| Sanjiv Manchanda, CEO | ||
| Stephen Wood, Non-Executive Director |
Atlas 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 Atlas Iron 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.
| Return On Equity | -69.69 | |||
| Return On Asset | -13.59 | |||
| Profit Margin | (30.52) % | |||
| Current Valuation | 278.39 M | |||
| Shares Outstanding | 9.28 B | |||
| Price To Earning | 17.82 X | |||
| Price To Book | 2.50 X | |||
| Price To Sales | 2.98 X | |||
| Revenue | 404.16 M | |||
| Gross Profit | (27.72 M) |
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 Atlas Iron 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, Atlas Iron's short interest history, or implied volatility extrapolated from Atlas Iron options trading.
Pair Trading with Atlas Iron
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atlas Iron position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atlas Iron will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Atlas Iron Limited information on this page should be used as a complementary analysis to other Atlas Iron's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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.
Other Consideration for investing in Atlas Pink Sheet
If you are still planning to invest in Atlas Iron Limited 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 Atlas Iron's history and understand the potential risks before investing.
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