George Ireland - Amerigo Resources Independent Director

ARG Stock  CAD 1.71  0.01  0.59%   

Director

Mr. George R. Ireland is an Independent Director of Amerigo Resources Ltd., since June 4, 2012. George Ireland has over thirty years of experience in the resource sectors in positions ranging from field geology to banking and VC. Mr. Ireland founded Geologic Resource Partners in 2004 and serves as Chief Investment Officer and Portfolio Manager. From 2000 to 2004, he was General Partner of Ring Partners, LP, an investment partnership which was merged into Geologic Resource Partners. Mr. Ireland graduated from the University of Michigan with a BS from the School of Natural Resources. Mr. Ireland also serves on the boards of Kiska Metals Corporationrationration, Great Western Minerals Group Ltd. and Blue Wolf Mongolia Holdings Corporationrationration. since 2012.
Age 56
Tenure 12 years
Address The MNP Tower, Vancouver, BC, Canada, V6E 0C3
Phone604 681 2802
Webhttps://www.amerigoresources.com

Amerigo Resources Management Efficiency

The company has return on total asset (ROA) of 0.0964 % which means that it generated a profit of $0.0964 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1953 %, meaning that it generated $0.1953 on every $100 dollars invested by stockholders. Amerigo Resources' management efficiency ratios could be used to measure how well Amerigo Resources manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Amerigo Resources' Return On Tangible Assets are very stable compared to the past year. As of the 1st of December 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.06. At this time, Amerigo Resources' Return On Assets are very stable compared to the past year.
Amerigo Resources has accumulated 20.71 M in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. Amerigo Resources has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Amerigo Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Amerigo 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 Amerigo Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Amerigo to invest in growth at high rates of return. When we think about Amerigo Resources' use of debt, we should always consider it together with cash and equity.

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Amerigo Resources Ltd., through its subsidiary, Minera Valle Central S.A., produces and sells copper and molybdenum concentrates from Codelcos El Teniente underground mine in Chile. Amerigo Resources Ltd. was incorporated in 1984 and is headquartered in Vancouver, Canada. AMERIGO RESOURCES operates under Copper classification in Canada and is traded on Toronto Stock Exchange. Amerigo Resources (ARG) is traded on Toronto Exchange in Canada and employs 11 people. Amerigo Resources is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Amerigo Resources Leadership Team

Elected by the shareholders, the Amerigo Resources' board of directors comprises two types of representatives: Amerigo Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Amerigo. The board's role is to monitor Amerigo Resources' management team and ensure that shareholders' interests are well served. Amerigo 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, Amerigo Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
CGA BSc, CEO President
Sidney Robinson, Independent Director
Alberto Salas, Director; President - Chilean Confederation of Production and Commerce
George Ireland, Independent Director
Michael Luzich, Director
Aurora Davidson, President, Chief Executive Officer, Chief Financial Officer, Executive Vice President
Kimberly Thomas, Corporate Secretary
Robert Gayton, Lead Independent Director
Carmen Amezquita, Chief Financial Officer
Klaus Zeitler, Executive Chairman and Member of Disclosure Policy Committee
Christian Caceres, General Manager - Minera Valle Central SA (MVC)

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

Moving together with Amerigo Stock

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The ability to find closely correlated positions to Amerigo 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 Amerigo 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 Amerigo 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 Amerigo Resources to buy it.
The correlation of Amerigo 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 Amerigo Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amerigo 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 Amerigo 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 Amerigo Stock

Amerigo Resources financial ratios help investors to determine whether Amerigo 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 Amerigo with respect to the benefits of owning Amerigo Resources security.