Erin Carswell - Foran Mining Vice Exploration

FOM Stock   4.32  0.02  0.46%   

Executive

Erin Carswell is Vice Exploration of Foran Mining
Address 409 Granville Street, Vancouver, BC, Canada, V6C 1T2
Phone604 488 0008
Webhttps://foranmining.com

Foran Mining Management Efficiency

The company has return on total asset (ROA) of (0.0201) % which means that it has lost $0.0201 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0116) %, meaning that it generated substantial loss on money invested by shareholders. Foran Mining's management efficiency ratios could be used to measure how well Foran Mining manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to drop to -0.03. In addition to that, Return On Capital Employed is likely to drop to -0.04. At this time, Foran Mining's Total Assets are very stable compared to the past year. As of the 26th of November 2024, Non Current Assets Total is likely to grow to about 285.3 M, while Other Assets are likely to drop 0.00.
Foran Mining has accumulated 38.47 M in total debt. Debt can assist Foran Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Foran Mining's 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 Foran Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Foran to invest in growth at high rates of return. When we think about Foran Mining's use of debt, we should always consider it together with cash and equity.

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Foran Mining (FOM) is traded on Toronto Exchange in Canada and employs 107 people. Foran Mining is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Foran Mining Leadership Team

Elected by the shareholders, the Foran Mining's board of directors comprises two types of representatives: Foran Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Foran. The board's role is to monitor Foran Mining's management team and ensure that shareholders' interests are well served. Foran Mining'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, Foran Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kirsten MSc, Social Environmental
Jonathan CFA, Vice Affairs
Terri Ulrich, Corporate Secretary
Daniel Myerson, CEO Chairman
Gilbert PEng, Chief Officer
Etienne Guzman, Vice Legal
Tracy Aitchison, Health Resources
John Eng, Vice Projects
CPA CFA, Chief Officer
Erin Carswell, Vice Exploration
David Bernier, Senior Advisor
Samuele Renelli, Vice Services

Foran 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 Foran Mining 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 Foran Mining

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 Foran Mining 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 Foran Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Foran Stock

  0.9AG First Majestic SilverPairCorr
  0.88IE Ivanhoe EnergyPairCorr
  0.85FDY Faraday Copper CorpPairCorr

Moving against Foran Stock

  0.32INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Foran Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Foran Mining 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 Foran Mining - 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 Foran Mining to buy it.
The correlation of Foran Mining 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 Foran Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Foran Mining 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 Foran Mining 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 Foran Stock

Foran Mining financial ratios help investors to determine whether Foran 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 Foran with respect to the benefits of owning Foran Mining security.