Peter Meredith - Ivanhoe Mines Non-Independent Director

IVN Stock  CAD 18.70  0.39  2.04%   

Director

Mr. Peter Graham Meredith serves as NonIndependent Director of Ivanhoe Mines Ltd., since May 1998. Peter Meredith was a director of the Company since 1998. Mr. Meredith is the former Deputy Chairman and Chief Financial Officer of the Original Ivanhoe Mines, where he was involved in overseeing business development and corporate relations. He also served as its Chief Financial Officer from May 2004 to May 2006, and from June 1999 to November 2001, and as its Deputy Chairman from May 2006 to April 2012. He served as a Director of the Original Ivanhoe Mines from March 2005 to May 2013. He has served as Chairman of Cordoba Minerals Corporationration since April 2016, Chairman of Great Canadian Gaming Corporation from June 2015 to present and served as Chairman of Kaizen Discovery Inc. from December 2013 to June 2016. Mr. Meredith was also Chairman of SouthGobi Resources Ltd. until September 2012. He also served as a Director of Peregrine Diamonds Ltd. from March 2013 to March 2018. Prior to joining Ivanhoe Mines Ltd., Mr. Meredith spent 31 years with Deloitte LLP, chartered accountants, and retired as a partner in 1996. Mr. Meredith is a Chartered Professional Accountant and is a member of the Institute of Chartered Professional Accountants of British Columbia and the Institute of Chartered Professional Accountants of Ontario. Mr. Meredith was certified as a Chartered Accountant by the Canadian Institute of Chartered Accountants . since 2018.
Age 75
Tenure 6 years
Address 999 Canada Place, Vancouver, BC, Canada, V6C 3E1
Phone604 688 6630
Webhttps://ivanhoemines.com

Ivanhoe Mines Management Efficiency

The company has return on total asset (ROA) of (0.0147) % which means that it has lost $0.0147 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0332 %, meaning that it generated $0.0332 on every $100 dollars invested by stockholders. Ivanhoe Mines' management efficiency ratios could be used to measure how well Ivanhoe Mines manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of November 2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Ivanhoe Mines' Debt To Assets are very stable compared to the past year. As of the 27th of November 2024, Return On Assets is likely to grow to 0.07, while Total Current Assets are likely to drop about 378.7 M.
Ivanhoe Mines has accumulated 647.42 M in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Ivanhoe Mines has a current ratio of 25.45, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ivanhoe Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Ivanhoe Mines' 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 Ivanhoe Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ivanhoe to invest in growth at high rates of return. When we think about Ivanhoe Mines' use of debt, we should always consider it together with cash and equity.

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Ivanhoe Mines Ltd. engages in the exploration, development, and recovery of minerals and precious metals located primarily in Africa. Ivanhoe Mines Ltd. was incorporated in 1993 and is headquartered in Vancouver, Canada. IVANHOE MINES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. Ivanhoe Mines (IVN) is traded on Toronto Exchange in Canada and employs 28 people. Ivanhoe Mines is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Ivanhoe Mines Leadership Team

Elected by the shareholders, the Ivanhoe Mines' board of directors comprises two types of representatives: Ivanhoe Mines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ivanhoe. The board's role is to monitor Ivanhoe Mines' management team and ensure that shareholders' interests are well served. Ivanhoe Mines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ivanhoe Mines' outside directors are responsible for providing unbiased perspectives on the board's policies.
William Hayden, Non-Executive Independent Director
Oyvind Hushovd, Independent Director
Kgalema Motlanthe, Non-Executive Independent Director
Peter Meredith, Non-Independent Director
Yufeng Sun, Non-Executive Co-Chairman of the Board
Martie Rensburg, Non-Executive Independent Director
Mary Vincelli, Vice President - Compliance, Corporate Secretary
Egizio Bianchini, Non-Executive Vice Chairman of the Board
David Heerden, Chief Officer
Manfu Ma, Director
Patricia Makhesha, Executive Vice President - Sustainability and Special Projects, Executive Chairperson of Platreef Project
Warwick MorleyJepson, Chief Operating Officer, Executive Vice President
Jinghe Chen, Director
Robert Friedland, Executive Co-Chairman of the Board
Alex Pickard, Executive Relations
Martie Cloete, President, Chief Financial Officer
Nunu Ntshingila, Non-Executive Independent Director
Setha Makhesha, Executive Projects
Pierre Joubert, Executive Services
Olivier Binyingo, Executive DRC
Livia Mahler, Non-Executive Independent Director
Mark Farren, Executive Vice President - Operations
Stephen PGeo, Senior Geosciences
Tadeu Carneiro, Lead Independent Director
Peter Zhou, Executive China
Matthew Keevil, Director Communications
Guy Moranville, Non-Executive Non-Independent Director
Steve Amos, Executive Projects

Ivanhoe 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 Ivanhoe Mines 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 Ivanhoe Mines

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 Ivanhoe Mines 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 Ivanhoe Mines will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ivanhoe Stock

  0.61AG First Majestic SilverPairCorr

Moving against Ivanhoe Stock

  0.36PNC-B Postmedia Network CanadaPairCorr
The ability to find closely correlated positions to Ivanhoe Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ivanhoe Mines 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 Ivanhoe Mines - 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 Ivanhoe Mines to buy it.
The correlation of Ivanhoe Mines 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 Ivanhoe Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ivanhoe Mines 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 Ivanhoe Mines 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 Ivanhoe Stock

Ivanhoe Mines financial ratios help investors to determine whether Ivanhoe 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 Ivanhoe with respect to the benefits of owning Ivanhoe Mines security.