BComm CPA - Freegold Ventures Chief Officer

FVL Stock  CAD 0.80  0.03  3.61%   

Executive

BComm CPA is Chief Officer of Freegold Ventures Limited
Age 64
Address 700 West Georgia Street, Vancouver, BC, Canada, V7Y 1G5
Phone604 662 7307
Webhttps://freegoldventures.com

Freegold Ventures Management Efficiency

As of the 27th of November 2024, Return On Tangible Assets is likely to drop to -0.04. In addition to that, Return On Capital Employed is likely to grow to -0.03. At this time, Freegold Ventures' Total Assets are very stable compared to the past year. As of the 27th of November 2024, Non Current Assets Total is likely to grow to about 92.6 M, while Return On Tangible Assets are likely to drop (0.04). Freegold Ventures' management efficiency ratios could be used to measure how well Freegold Ventures manages its routine affairs as well as how well it operates its assets and liabilities.
Freegold Ventures Limited has accumulated 70.77 K in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Freegold Ventures has a current ratio of 0.66, 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 Freegold Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Freegold Ventures' 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 Freegold Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Freegold to invest in growth at high rates of return. When we think about Freegold Ventures' use of debt, we should always consider it together with cash and equity.

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Freegold Ventures Limited, an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious metal properties in the United States and Canada. Freegold Ventures Limited was incorporated in 1985 and is headquartered in Vancouver, Canada. FREEGOLD VENTURES operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 3 people. Freegold Ventures Limited (FVL) is traded on Toronto Exchange in Canada and employs 3 people. Freegold Ventures is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Freegold Ventures Leadership Team

Elected by the shareholders, the Freegold Ventures' board of directors comprises two types of representatives: Freegold Ventures inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Freegold. The board's role is to monitor Freegold Ventures' management team and ensure that shareholders' interests are well served. Freegold Ventures' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Freegold Ventures' outside directors are responsible for providing unbiased perspectives on the board's policies.
Taryn Downing, Corporate Secretary
BComm CPA, Chief Officer
CPA BComm, Chief Officer
BCom CPA, Chief Officer
Kristina Walcott, CEO and President and Director

Freegold 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 Freegold Ventures 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 Freegold Ventures

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 Freegold Ventures 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 Freegold Ventures will appreciate offsetting losses from the drop in the long position's value.

Moving together with Freegold Stock

  0.64ORE Orezone Gold CorpPairCorr

Moving against Freegold Stock

  0.41JPM JPMorgan ChasePairCorr
The ability to find closely correlated positions to Freegold Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freegold Ventures 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 Freegold Ventures - 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 Freegold Ventures Limited to buy it.
The correlation of Freegold Ventures 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 Freegold Ventures moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freegold Ventures 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 Freegold Ventures 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 Freegold Stock

Freegold Ventures financial ratios help investors to determine whether Freegold 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 Freegold with respect to the benefits of owning Freegold Ventures security.