Laurence Davies - Kinross Gold Senior Operations

K Stock  CAD 14.27  0.20  1.42%   

Executive

Laurence Davies is Senior Operations of Kinross Gold Corp
Address 25 York Street, Toronto, ON, Canada, M5J 2V5
Phone416 365 5123
Webhttps://www.kinross.com

Kinross Gold Management Efficiency

The company has return on total asset (ROA) of 0.0654 % which means that it generated a profit of $0.0654 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.119 %, meaning that it created $0.119 on every $100 dollars invested by stockholders. Kinross Gold's management efficiency ratios could be used to measure how well Kinross Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to 0.04. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Kinross Gold's Intangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to 0.04, while Total Assets are likely to drop about 6.6 B.
Kinross Gold Corp currently holds 2.26 B in liabilities with Debt to Equity (D/E) ratio of 0.33, which is about average as compared to similar companies. Kinross Gold Corp has a current ratio of 1.72, which is within standard range for the sector. Debt can assist Kinross Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Kinross Gold'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 Kinross Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kinross to invest in growth at high rates of return. When we think about Kinross Gold's use of debt, we should always consider it together with cash and equity.

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Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. The company was founded in 1993 and is headquartered in Toronto, Canada. KINROSS GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 8447 people. Kinross Gold Corp (K) is traded on Toronto Exchange in Canada and employs 35 people. Kinross Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Kinross Gold Corp Leadership Team

Elected by the shareholders, the Kinross Gold's board of directors comprises two types of representatives: Kinross Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kinross. The board's role is to monitor Kinross Gold's management team and ensure that shareholders' interests are well served. Kinross Gold'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, Kinross Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Catherine McLeodSeltzer, Independent Chairman of the Board
Ian Atkinson, Independent Director
Paul Tomory, Executive Vice President, Chief Technical Officer
Kathleen JD, Senior Resources
J Rollinson, President, Chief Executive Officer, Director
Kelly Osborne, Independent Director
Glenn Ives, Independent Director
Elizabeth McGregor, Independent Director
Kerry Dyte, Independent Director
Lucas Crosby, Corporate Secretary
Claude Schimper, Senior Vice-President - Operations, Russia
Chris Lichtenheldt, Vice Relations
David Maude, VP Treasurer
Paul Rollinson, CEO, Director
Kathleen Allamby, Exec HR
Ned Jalil, VicePres Officer
Paul Fitchett, Director Advisory
Michal Kowalczyk, VicePresident Strategy
Laurence Davies, Senior Operations
William Dunford, Senior Services
Benjamin Little, Senior Affairs
John Brough, Independent Director
Victoria Barrington, Senior Communications
David Shaver, Senior Development
Mike Akkooi, Senior Affairs
Matthew Hart, Great Manager
Geoffrey Gold, Executive Vice-President, Corporate Development, External Relations and Chief Legal Officer
Ave Lethbridge, Independent Director
Samantha Sheffield, Manager Communications
Nathan Longenecker, Global Counsel
David Scott, Independent Director
Andrea Freeborough, Chief Financial Officer, Senior Vice President
Kar Ng, Senior Analysis
Yves Breau, Vice Engineering
Louie Diaz, VP Communications

Kinross 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 Kinross Gold 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 Kinross Gold

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 Kinross Gold 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 Kinross Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kinross Stock

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Moving against Kinross Stock

  0.42INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Kinross Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinross Gold 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 Kinross Gold - 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 Kinross Gold Corp to buy it.
The correlation of Kinross Gold 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 Kinross Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinross Gold 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 Kinross Gold 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 Kinross Stock

Kinross Gold financial ratios help investors to determine whether Kinross 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 Kinross with respect to the benefits of owning Kinross Gold security.