Tyler CA - US GoldMining Secretary CFO
USGO Stock | 8.32 0.42 4.81% |
CFO
Tyler CA is Secretary CFO of US GoldMining Common
Age | 39 |
Address | 1188 West Georgia Street, Vancouver, BC, Canada, V6E 4A2 |
Phone | 604 388 9788 |
Web | https://www.us.goldmining.com |
US GoldMining Management Efficiency
The company has return on total asset (ROA) of (0.9221) % which means that it has lost $0.9221 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.7122) %, meaning that it created substantial loss on money invested by shareholders. US GoldMining's management efficiency ratios could be used to measure how well US GoldMining manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of December 2024, Return On Tangible Assets is likely to drop to -0.87. In addition to that, Return On Capital Employed is likely to grow to -0.85. At this time, US GoldMining's Total Assets are very stable compared to the past year. As of the 21st of December 2024, Other Current Assets is likely to grow to about 558.8 K, though Net Tangible Assets are likely to grow to (1.1 M).Similar Executives
Found 2 records | CFO Age | ||
Luciano Pires | Vale SA ADR | 54 | |
CPA CGA | Foremost Lithium Resource | 54 |
Management Performance
Return On Equity | -1.71 | ||||
Return On Asset | -0.92 |
USGO 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 US GoldMining 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 | -1.71 | ||||
Return On Asset | -0.92 | ||||
Current Valuation | 104.49 M | ||||
Shares Outstanding | 12.44 M | ||||
Shares Owned By Insiders | 88.08 % | ||||
Shares Owned By Institutions | 4.22 % | ||||
Number Of Shares Shorted | 61.9 K | ||||
Price To Book | 20.14 X | ||||
EBITDA | (9.3 M) | ||||
Net Income | (9.36 M) |
Pair Trading with US GoldMining
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 US GoldMining 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 US GoldMining will appreciate offsetting losses from the drop in the long position's value.Moving together with USGO Stock
Moving against USGO Stock
0.65 | BYU | BAIYU Holdings | PairCorr |
0.5 | FMST | Foremost Lithium Resource | PairCorr |
0.41 | WRN | Western Copper | PairCorr |
0.36 | TMC | TMC the metals | PairCorr |
0.34 | XPL | Solitario Exploration | PairCorr |
The ability to find closely correlated positions to US GoldMining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace US GoldMining 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 US GoldMining - 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 US GoldMining Common to buy it.
The correlation of US GoldMining 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 US GoldMining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if US GoldMining Common 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 US GoldMining 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 World Market Map to better understand how to build diversified portfolios, which includes a position in US GoldMining Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of US GoldMining. If investors know USGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about US GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.82) | Return On Assets (0.92) | Return On Equity (1.71) |
The market value of US GoldMining Common is measured differently than its book value, which is the value of USGO that is recorded on the company's balance sheet. Investors also form their own opinion of US GoldMining's value that differs from its market value or its book value, called intrinsic value, which is US GoldMining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US GoldMining's market value can be influenced by many factors that don't directly affect US GoldMining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if US GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US GoldMining'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.