Timothy Hons - Global Atomic VP Secretary

GLO Stock  CAD 1.11  0.03  2.78%   

VP

Timothy Hons is VP Secretary of Global Atomic Corp
Address 8 King Street East, Toronto, ON, Canada, M5C 1B5
Phone416 368 3949
Webhttps://www.globalatomiccorp.com

Global Atomic Management Efficiency

The company has return on total asset (ROA) of (0.0294) % which means that it has lost $0.0294 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0434) %, meaning that it generated substantial loss on money invested by shareholders. Global Atomic's management efficiency ratios could be used to measure how well Global Atomic manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to drop to -0.1. In addition to that, Return On Capital Employed is likely to grow to -0.05. At this time, Global Atomic's Total Assets are very stable compared to the past year. As of the 29th of November 2024, Non Current Assets Total is likely to grow to about 159.4 M, while Other Current Assets are likely to drop about 106.5 K.
Global Atomic Corp has accumulated 11.08 M in total debt. Global Atomic Corp has a current ratio of 9.34, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Global Atomic until it has trouble settling it off, either with new capital or with free cash flow. So, Global Atomic'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 Global Atomic Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Atomic's use of debt, we should always consider it together with cash and equity.
Global Atomic Corporation engages in the uranium development and zinc concentrate production businesses. Global Atomic Corporation is headquartered in Toronto, Canada. GLOBAL ATOMIC operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. Global Atomic Corp (GLO) is traded on Toronto Exchange in Canada and employs 275 people. Global Atomic is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Global Atomic Corp Leadership Team

Elected by the shareholders, the Global Atomic's board of directors comprises two types of representatives: Global Atomic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Global. The board's role is to monitor Global Atomic's management team and ensure that shareholders' interests are well served. Global Atomic'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, Global Atomic's outside directors are responsible for providing unbiased perspectives on the board's policies.
MSc Din, Head Drilling
Amido Boukari, Chief Geologist
Robert Tait, Vice Relations
Emre Toprak, Vice Finance
Stephen BA, Chairman, CoFounder
Ronald PEng, Chief Officer
Santiago Faucher, Chief Officer
Timothy Hons, VP Secretary
Peter Wollenberg, Director Development

Global 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 Global Atomic 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 Global Atomic

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 Global Atomic 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 Global Atomic will appreciate offsetting losses from the drop in the long position's value.

Moving against Global Stock

  0.75JPM JPMorgan ChasePairCorr
  0.75BOFA Bank of AmericaPairCorr
  0.69IE Ivanhoe EnergyPairCorr
  0.59FDY Faraday Copper CorpPairCorr
  0.59WMT Walmart Inc CDRPairCorr
The ability to find closely correlated positions to Global Atomic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Atomic 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 Global Atomic - 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 Global Atomic Corp to buy it.
The correlation of Global Atomic 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 Global Atomic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Atomic Corp 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 Global Atomic 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 Global Stock

Global Atomic financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Atomic security.