Matthew Simpson - Black Iron Chief Executive Officer, Director
| BKI Stock | CAD 0.09 0.01 10.00% |
CEO
Mr. Matthew Simpson is Chief Executive Officer, Director of Black Iron Inc. From 2002 to 2010, Mr. Simpson worked for the Iron Ore Company of Canada, a subsidiary of Rio Tinto plc with annual production capacity of 17.5 million tonnes of iron ore concentrate as publicly reported in 2009. At IOC he held several progressive roles in Business Evaluation, Operations Planning, Continuous Improvement and in his last three years as Mine General Manager. His work with the IOC primarily took place at their Carol Lake iron ore deposit in Labrador. Prior to joining IOC, Mr. Simpson worked as a process engineer for Hatch Ltd. designing and debottlenecking metallurgical refineries around the world since 2017.
| Tenure | 7 years |
| Professional Marks | MBA |
| Address | 198 Davenport Road, Toronto, ON, Canada, M5R 1J2 |
| Phone | 416-309-2138 |
| Web | https://blackiron.com |
Black Iron Management Efficiency
The company has return on total asset (ROA) of (1.0468) % which means that it has lost $1.0468 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (8.3515) %, meaning that it generated substantial loss on money invested by shareholders. Black Iron's management efficiency ratios could be used to measure how well Black Iron manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Black Iron's Return On Capital Employed is very stable compared to the past year. As of the 27th of November 2024, Return On Equity is likely to grow to 10.78, while Return On Tangible Assets are likely to drop (1.42). As of the 27th of November 2024, Debt To Assets is likely to grow to 0.11, while Total Assets are likely to drop about 1.1 M.Management Performance
| Return On Equity | -8.35 | |||
| Return On Asset | -1.05 |
Black Iron Leadership Team
Elected by the shareholders, the Black Iron's board of directors comprises two types of representatives: Black Iron inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Black. The board's role is to monitor Black Iron's management team and ensure that shareholders' interests are well served. Black 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, Black Iron's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christine Gallo, Corporate Secretary | ||
| Raymond Humphrey, Independent Chairman of the Board | ||
| Pierre Pettigrew, Independent Director | ||
| Aaron Wolfe, Vice President - Corporate Development | ||
| Michael Spektor, President | ||
| John Detmold, Independent Director | ||
| Stalin Bharti, Executive Officer | ||
| PEng MBA, CEO Director | ||
| Stefan Gueorguiev, Chief Officer | ||
| Christopher Westdal, Independent Director | ||
| David Porter, Independent Director | ||
| Jaroslav Kinach, Independent Director | ||
| Kenny Choi, Corporate Secretary | ||
| Les Kwasik, Chief Operating Officer | ||
| Paul Bozoki, Chief Financial Officer | ||
| CEng DIC, Ex Officer | ||
| MBA CA, Chief Officer | ||
| Matthew Simpson, Chief Executive Officer, Director | ||
| William Hart, Senior Development |
Black 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 Black 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 | -8.35 | |||
| Return On Asset | -1.05 | |||
| Current Valuation | 25.51 M | |||
| Shares Outstanding | 304.13 M | |||
| Shares Owned By Insiders | 2.14 % | |||
| Shares Owned By Institutions | 14.93 % | |||
| Number Of Shares Shorted | 19.99 K | |||
| Price To Earning | (5.56) X | |||
| Price To Book | 58.26 X | |||
| EBITDA | (1.5 M) |
Pair Trading with Black 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 Black 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 Black Iron will appreciate offsetting losses from the drop in the long position's value.Moving against Black Stock
| 0.74 | ORE | Orezone Gold Corp | PairCorr |
| 0.7 | CG | Centerra Gold | PairCorr |
| 0.54 | INFM | Infinico Metals Corp | PairCorr |
| 0.5 | PNC-B | Postmedia Network Canada | PairCorr |
The ability to find closely correlated positions to Black 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 Black 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 Black 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 Black Iron to buy it.
The correlation of Black 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 Black Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Iron 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 Black 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 Black Stock
Black Iron financial ratios help investors to determine whether Black 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 Black with respect to the benefits of owning Black Iron security.