Richard Zimmer - Ascot Resources Non-Executive Independent Chairman of the Board

AOT Stock  CAD 0.06  0.01  14.29%   

Insider

Richard Zimmer is Non-Executive Independent Chairman of the Board of Ascot Resources since 2017.
Age 71
Tenure 8 years
Phone778-725-1060
Webhttps://ascotgold.com

Ascot Resources Management Efficiency

Ascot Resources' management efficiency ratios could be used to measure how well Ascot Resources manages its routine affairs as well as how well it operates its assets and liabilities.
Ascot Resources has accumulated 11.39 M in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Ascot Resources has a current ratio of 2.38, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ascot Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Ascot 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 Ascot Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ascot to invest in growth at high rates of return. When we think about Ascot Resources' use of debt, we should always consider it together with cash and equity.

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Ascot Resources Ltd. operates as a mineral development and exploration company in the United States and Canada. Ascot Resources Ltd. was incorporated in 1986 and is headquartered in Vancouver, Canada. ASCOT RESOURCES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 28 people. Ascot Resources (AOT) is traded on Toronto Exchange in Canada and employs 121 people.

Management Performance

Ascot Resources Leadership Team

Elected by the shareholders, the Ascot Resources' board of directors comprises two types of representatives: Ascot Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ascot. The board's role is to monitor Ascot Resources' management team and ensure that shareholders' interests are well served. Ascot 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, Ascot Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Fan PGeo, Senior Geologist
William Bennett, Independent Director
David PEng, Vice Communications
Carol Li, Chief Financial Officer
John Kiernan, Chief Operating Officer
Lawrence Tsang, Geologist
Robert Evans, Director
Andree StGermain, Independent Director
Derek White, President, Chief Executive Officer
Kristina Howe, Vice Relations
Diana Mark, Company Secretary
Lawrence PGeo, Senior Geologist
Bryant Schwengler, VP GM
Jody Harris, Corporate Secretary
Kenneth Carter, Independent Director
Dennis Wilson, Safety, Health
Hong CPA, Chief Officer
Donald Njegovan, Independent Director
PEng BS, Interim CEO
James Stypula, Independent Director
Richard Zimmer, Non-Executive Independent Chairman of the Board
Lars Beggerow, Vice Exploration
Bill Bennett, Director
Christopher Park, Interim Officer
CA BASc, President CEO

Ascot 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 Ascot 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.

Pair Trading with Ascot Resources

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 Ascot Resources 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 Ascot Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Ascot Stock

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The ability to find closely correlated positions to Ascot Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascot Resources 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 Ascot Resources - 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 Ascot Resources to buy it.
The correlation of Ascot Resources 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 Ascot Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascot Resources 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 Ascot Resources 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Ascot Stock

Ascot Resources financial ratios help investors to determine whether Ascot Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ascot with respect to the benefits of owning Ascot Resources security.