Andre Gaumond - Altius Minerals Independent Director
| ALS Stock | CAD 26.31 0.15 0.57% |
Director
Andre Gaumond is Independent Director of Altius Minerals since 2017.
| Age | 57 |
| Tenure | 7 years |
| Address | 38 Duffy Place, St. John's, NF, Canada, A1B 4M5 |
| Phone | 709 576 3440 |
| Web | https://altiusminerals.com |
Altius Minerals Management Efficiency
The company has return on total asset (ROA) of 0.0229 % which means that it generated a profit of $0.0229 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0225 %, meaning that it generated $0.0225 on every $100 dollars invested by stockholders. Altius Minerals' management efficiency ratios could be used to measure how well Altius Minerals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Altius Minerals' Asset Turnover is very stable compared to the past year.Similar Executives
| Found 1 records | DIRECTOR Age | ||
| Scott Close | EMX Royalty Corp | N/A | |
Management Performance
| Return On Equity | 0.0225 | ||||
| Return On Asset | 0.0229 |
Altius Minerals Leadership Team
Elected by the shareholders, the Altius Minerals' board of directors comprises two types of representatives: Altius Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Altius. The board's role is to monitor Altius Minerals' management team and ensure that shareholders' interests are well served. Altius Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Altius Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
| QC LLB, CoFounder Chairman | ||
| Andre Gaumond, Independent Director | ||
| Roger Lace, Independent Director | ||
| MA BA, VP Sustainability | ||
| Ben Lewis, Chief Financial Officer | ||
| Brian Dalton, President, Chief Executive Officer, Non-Independent Director | ||
| MSc PGeo, Vice Technical | ||
| Lawrence Winter, Vice President - Exploration | ||
| Donald Warr, Independent Director | ||
| Chad Wells, Vice President - Corporate Development, Corporate Secretary | ||
| Jamie Strauss, Independent Director | ||
| Chad BSc, VP Secretary | ||
| Frederick Mifflin, Lead Independent Director | ||
| Mark Raguz, Vice Development | ||
| P MSc, Lands Manager | ||
| Anna Stylianides, Independent Director | ||
| Wanda HearnDyke, Ex Assistant | ||
| CGA CPA, Controller | ||
| John Baker, Executive Chairman of the Board |
Altius 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 Altius Minerals 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 | 0.0225 | ||||
| Return On Asset | 0.0229 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 1.22 B | ||||
| Shares Outstanding | 46.48 M | ||||
| Shares Owned By Insiders | 19.00 % | ||||
| Shares Owned By Institutions | 24.70 % | ||||
| Number Of Shares Shorted | 786.75 K | ||||
| Price To Earning | 24.03 X |
Pair Trading with Altius Minerals
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 Altius Minerals 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 Altius Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Altius Stock
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| 0.61 | FDY | Faraday Copper Corp | PairCorr |
Moving against Altius Stock
The ability to find closely correlated positions to Altius Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altius Minerals 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 Altius Minerals - 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 Altius Minerals to buy it.
The correlation of Altius Minerals 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 Altius Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altius Minerals 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 Altius Minerals 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 Altius Stock
Altius Minerals financial ratios help investors to determine whether Altius 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 Altius with respect to the benefits of owning Altius Minerals security.