Jon Lyons - Erdene Resource Vice President of Regulatory Affairs and Strategy
| ERD Stock | CAD 0.59 0.01 1.67% |
Insider
Jon Lyons is Vice President of Regulatory Affairs and Strategy of Erdene Resource Development since 2017.
| Tenure | 7 years |
| Address | Metropolitan Place, Dartmouth, NS, Canada, B3A 4S5 |
| Phone | 902 423 6419 |
| Web | https://www.erdene.com |
Erdene Resource Management Efficiency
The company has return on total asset (ROA) of (0.0656) % which means that it has lost $0.0656 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1314) %, meaning that it generated substantial loss on money invested by shareholders. Erdene Resource's management efficiency ratios could be used to measure how well Erdene Resource manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.07. At this time, Erdene Resource's Debt To Assets are very stable compared to the past year. As of the 1st of December 2024, Return On Assets is likely to grow to 0.01, while Total Assets are likely to drop about 30 M.Similar Executives
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Management Performance
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.0656 |
Erdene Resource Deve Leadership Team
Elected by the shareholders, the Erdene Resource's board of directors comprises two types of representatives: Erdene Resource inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Erdene. The board's role is to monitor Erdene Resource's management team and ensure that shareholders' interests are well served. Erdene Resource'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, Erdene Resource's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Jenkins, Chief Financial Officer | ||
| Diane Webber, Director Communications | ||
| Peter BSc, CEO President | ||
| Peter Akerley, President, Chief Executive Officer, Director | ||
| Philip Webster, Independent Director | ||
| D Frazer, Corporate Secretary | ||
| Hedley Widdup, Independent Director | ||
| Cameron McRae, Non-Executive Independent Director | ||
| John Byrne, Independent Director | ||
| Peter Dalton, Senior Geologist | ||
| Byambasaikhan Bayanjargal, Non-Executive Independent Director | ||
| Gendenjamtsyn BatErdene, Senior Geologist | ||
| Darryn Broderick, Director of Finance | ||
| David Mosher, Independent Director | ||
| Michael BSc, Vice Exploration | ||
| Jon Lyons, Vice President of Regulatory Affairs and Strategy | ||
| Michael Gillis, Vice President Exploration and Operations | ||
| Bayarmaa Bagabandi, Chief Administrative Officer | ||
| Kenneth MacDonald, CFO, Vice President - Business Strategy | ||
| Suzan LLB, Corporate Secretary | ||
| Michael Corey, Chief Mongolia | ||
| William Burton, Independent Director | ||
| Bilguun Ankhbayar, Vice President - Business Development | ||
| Anna Biolik, Independent Director | ||
| Thomas Croft, Non-Executive Independent Director |
Erdene 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 Erdene Resource 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 | -0.13 | ||||
| Return On Asset | -0.0656 | ||||
| Current Valuation | 205.04 M | ||||
| Shares Outstanding | 352.64 M | ||||
| Shares Owned By Insiders | 22.43 % | ||||
| Shares Owned By Institutions | 6.30 % | ||||
| Number Of Shares Shorted | 22.02 K | ||||
| Price To Earning | (29.60) X | ||||
| Price To Book | 3.72 X | ||||
| EBITDA | (3.95 M) |
Pair Trading with Erdene Resource
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 Erdene Resource 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 Erdene Resource will appreciate offsetting losses from the drop in the long position's value.Moving together with Erdene Stock
| 0.74 | AG | First Majestic Silver | PairCorr |
| 0.71 | IE | Ivanhoe Energy | PairCorr |
| 0.82 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Erdene Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Erdene Resource 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 Erdene Resource - 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 Erdene Resource Development to buy it.
The correlation of Erdene Resource 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 Erdene Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Erdene Resource Deve 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 Erdene Resource 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 Erdene Stock
Erdene Resource financial ratios help investors to determine whether Erdene 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 Erdene with respect to the benefits of owning Erdene Resource security.