James Veitch - Imperial Metals Independent Director

III Stock  CAD 2.05  0.01  0.49%   

Insider

James Veitch is Independent Director of Imperial Metals since 2018.
Tenure 6 years
Address 580 Hornby Street, Vancouver, BC, Canada, V6C 3B6
Phone604 669 8959
Webhttps://www.imperialmetals.com

Imperial Metals Management Efficiency

The company has return on total asset (ROA) of 0.0329 % which means that it generated a profit of $0.0329 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0444 %, meaning that it generated $0.0444 on every $100 dollars invested by stockholders. Imperial Metals' management efficiency ratios could be used to measure how well Imperial Metals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to -0.02. In addition to that, Return On Capital Employed is likely to grow to -0.02. At this time, Imperial Metals' Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Current Assets Total is likely to grow to about 1.4 B, while Non Currrent Assets Other are likely to drop about 21.4 M.
Imperial Metals has accumulated 319.79 M in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Imperial Metals has a current ratio of 1.6, which is within standard range for the sector. Debt can assist Imperial Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Imperial Metals' 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 Imperial Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Imperial to invest in growth at high rates of return. When we think about Imperial Metals' use of debt, we should always consider it together with cash and equity.

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Imperial Metals Corporation, a mining company, engages in the acquisition, exploration, development, mining, and production of base and precious metals in Canada. The company was founded in 1959 and is based in Vancouver, Canada. IMPERIAL METALS operates under Copper classification in Canada and is traded on Toronto Stock Exchange. It employs 57 people. Imperial Metals (III) is traded on Toronto Exchange in Canada and employs 21 people. Imperial Metals is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Imperial Metals Leadership Team

Elected by the shareholders, the Imperial Metals' board of directors comprises two types of representatives: Imperial Metals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Imperial. The board's role is to monitor Imperial Metals' management team and ensure that shareholders' interests are well served. Imperial Metals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Imperial Metals' outside directors are responsible for providing unbiased perspectives on the board's policies.
BA BA, VP Marketing
BCL LLB, Chief Officer
Edward Yurkowski, Independent Director
Sophie Hsia, Chief Scientific Officer, Vice President Risk, General Counsel
PEng BASc, President Director
J Veitch, Director
Sheila Colwill, Vice President - Marketing
Carolyn Anglin, Vice President - Environmental Affairs
Randall Thompson, Vice President - Operations, General Manager
James Veitch, Independent Director
Darb Dhillon, Chief Financial Officer, Corporate Secretary
Jim MillerTait, Vice President - Exploration
Pierre Lebel, Independent Chairman of the Board
Andre Deepwell, Chief Financial Officer, Corporate Secretary
Theodore Muraro, Independent Director
Sheila BA, Vice Marketing
Don Parsons, Chief Operating Officer
J Kynoch, President Director
Janine North, Independent Director
James MillerTait, Vice President - Exploration
Larry Moeller, Lead Independent Director

Imperial 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 Imperial Metals 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 Imperial Metals

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 Imperial Metals 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 Imperial Metals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Imperial Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imperial Metals 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 Imperial Metals - 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 Imperial Metals to buy it.
The correlation of Imperial Metals 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 Imperial Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imperial Metals 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 Imperial Metals 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 Imperial Stock

Imperial Metals financial ratios help investors to determine whether Imperial 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 Imperial with respect to the benefits of owning Imperial Metals security.