Alan Thomas - Labrador Iron Chief Financial Officer
| LIF Stock | CAD 29.50 0.32 1.10% |
CFO
Mr. Alan R. Thomas is the Chief Financial Officer of the Company. Prior to retiring, Mr. Thomas held the position of Chief Financial Officer of ShawCor Ltd., an energy services firm, from 2000 to 2006. He was the Chief Financial Officer of Noranda Inc. from 1987 to 1998 since 2016.
| Age | 81 |
| Tenure | 8 years |
| Professional Marks | CPA |
| Address | 31 Adelaide St. East, Toronto, ON, Canada, M5C 2K3 |
| Phone | 416 362 0066 |
| Web | https://labradorironore.com |
Labrador Iron Management Efficiency
The company has return on total asset (ROA) of 0.1149 % which means that it generated a profit of $0.1149 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3001 %, meaning that it generated $0.3001 on every $100 dollars invested by stockholders. Labrador Iron's management efficiency ratios could be used to measure how well Labrador Iron manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Capital Employed is likely to grow to 0.25, while Return On Tangible Assets are likely to drop 0.17. At this time, Labrador Iron's Intangible Assets are very stable compared to the past year. As of the 25th of November 2024, Intangibles To Total Assets is likely to grow to 0.39, while Total Assets are likely to drop about 686.3 M.Management Performance
Labrador Iron Ore Leadership Team
Elected by the shareholders, the Labrador Iron's board of directors comprises two types of representatives: Labrador Iron inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Labrador. The board's role is to monitor Labrador Iron's management team and ensure that shareholders' interests are well served. Labrador 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, Labrador Iron's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Hansen, Secretary | ||
| Sandra Rosch, Executive VP, Director, Member of Audit Committee, Member of Nominating Committee and Member of Compensation Committee | ||
| William McNeil, Chairman of the Board | ||
| John Tuer, President, Chief Executive Officer, Director | ||
| Dorothea Mell, Independent Director | ||
| Alan Thomas, Chief Financial Officer | ||
| Patricia Volker, Independent Director | ||
| William Corcoran, Non-Executive Independent Chairman of the Board | ||
| Mark Fuller, Lead Independent Director | ||
| Douglas McCutcheon, Independent Director | ||
| James McCartney, Executive Vice President Secretary, Director |
Labrador 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 Labrador 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 | 0.3 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.95 % | ||||
| Operating Margin | 0.75 % | ||||
| Current Valuation | 1.85 B | ||||
| Shares Outstanding | 64 M | ||||
| Shares Owned By Insiders | 0.07 % | ||||
| Shares Owned By Institutions | 21.61 % | ||||
| Number Of Shares Shorted | 693.11 K | ||||
| Price To Earning | 7.99 X |
Pair Trading with Labrador 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 Labrador 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 Labrador Iron will appreciate offsetting losses from the drop in the long position's value.Moving together with Labrador Stock
Moving against Labrador Stock
The ability to find closely correlated positions to Labrador Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Labrador Iron 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 Labrador Iron - 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 Labrador Iron Ore to buy it.
The correlation of Labrador Iron 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 Labrador Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Labrador Iron Ore 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 Labrador Iron 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.Other Information on Investing in Labrador Stock
Labrador Iron financial ratios help investors to determine whether Labrador 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 Labrador with respect to the benefits of owning Labrador Iron security.