BA LLB - Laramide Resources Company Sec
| LAM Stock | CAD 0.72 0.03 4.00% |
Insider
BA LLB is Company Sec of Laramide Resources
| Age | 48 |
| Address | The Exchange Tower, Toronto, ON, Canada, M5X 1B1 |
| Phone | 416 599 7363 |
| Web | https://laramide.com |
Laramide Resources Management Efficiency
The company has return on total asset (ROA) of (0.0265) % which means that it has lost $0.0265 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0773) %, meaning that it generated substantial loss on money invested by shareholders. Laramide Resources' management efficiency ratios could be used to measure how well Laramide Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to drop to -0.04. In addition to that, Return On Capital Employed is likely to drop to -0.03. As of the 1st of December 2024, Other Current Assets is likely to grow to about 431.5 K, while Total Assets are likely to drop about 66.4 M.Similar Executives
| Found 7 records | INSIDER Age | ||
| John CPA | Pinetree Capital | N/A | |
| Lawrence Goldberg | Mega Uranium | N/A | |
| CGMA CPA | Ur Energy | 64 | |
| Shezad Okhai | Pinetree Capital | N/A | |
| ACIS BComm | Mega Uranium | 51 | |
| Steven BSc | Ur Energy | 60 | |
| LLB LLB | Mega Uranium | 50 | |
Management Performance
| Return On Equity | -0.0773 | ||||
| Return On Asset | -0.0265 |
Laramide Resources Leadership Team
Elected by the shareholders, the Laramide Resources' board of directors comprises two types of representatives: Laramide Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Laramide. The board's role is to monitor Laramide Resources' management team and ensure that shareholders' interests are well served. Laramide Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Laramide Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| BA LLB, Company Sec | ||
| CFA Economics, CEO President | ||
| Rhys Davies, Vice Exploration | ||
| Dennis CPA, Chief Officer | ||
| Ann Baines, Director Relations |
Laramide 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 Laramide Resources 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.
| Return On Equity | -0.0773 | ||||
| Return On Asset | -0.0265 | ||||
| Current Valuation | 181.36 M | ||||
| Shares Outstanding | 248.98 M | ||||
| Shares Owned By Insiders | 9.29 % | ||||
| Shares Owned By Institutions | 16.05 % | ||||
| Number Of Shares Shorted | 1.17 M | ||||
| Price To Earning | (13.42) X | ||||
| Price To Book | 1.84 X | ||||
| EBITDA | (2.75 M) |
Pair Trading with Laramide Resources
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 Laramide Resources 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 Laramide Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Laramide Stock
| 0.88 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.83 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.73 | ENS | E Split Corp | PairCorr |
Moving against Laramide Stock
The ability to find closely correlated positions to Laramide Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laramide Resources 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 Laramide Resources - 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 Laramide Resources to buy it.
The correlation of Laramide Resources 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 Laramide Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laramide Resources 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 Laramide Resources 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.Other Information on Investing in Laramide Stock
Laramide Resources financial ratios help investors to determine whether Laramide 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 Laramide with respect to the benefits of owning Laramide Resources security.