Marie Inkster - Lucara Diamond Independent Director

LUC Stock  CAD 0.50  0.01  2.04%   

Director

Mrs. Marie Inkster serves as Independent Director of Lucara Diamond Corporationration Ms. Inkster has 20 years of experience in public company financial management, public and private equity and debt fundraising, corporate transactions and public company reporting. Presently, Ms. Inkster serves as President, CEO as a Director of Lundin Mining. Prior to this appointment in October 2018, Ms. Inkster served as Lundin Minings Chief Financial Officer after joining the company in September 2008 as Vice President, Finance. Under Ms. Inksters stewardship as CFO, Lundin Mining underwent a significant transformation with the successful acquisitions of Eagle and Candelaria mines, and notable growth initiatives through exploration and brownfields expansion at the companys operations. During her career, Ms. Inkster has held senior positions in a number of publicly traded companies, including five years with LionOre Mining International Ltd where she served as Vice President, Controller at the time of its acquisition by Norilsk Nickel in July of 2007. Ms. Inkster is the Chair of Lucaras Audit Committee. since 2014.
Age 47
Tenure 10 years
Address 1250 Homer Street, Vancouver, BC, Canada, V6B 2Y5
Phone604 674 0272
Webhttps://lucaradiamond.com
Inkster served as Vice President of Finance at GBS Gold International Inc. from September 2007 to 2009. From June 2002 to July 2007, she served as Vice President and Corporationrationrationrate Controller of Lionore Mining International Ltd. Prior to 2002, she held a position having responsibility for financial reporting with an international publicly traded technology company. She is a Chartered Accountant, a Chartered Professional Accountant and spent 5 years in public accounting with Deloitte Canada.

Lucara Diamond Management Efficiency

The company has return on total asset (ROA) of 0.0382 % which means that it generated a profit of $0.0382 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0913) %, meaning that it generated substantial loss on money invested by shareholders. Lucara Diamond's management efficiency ratios could be used to measure how well Lucara Diamond manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Capital Employed is likely to grow to 0.14, though Return On Tangible Assets are likely to grow to (0.03). At this time, Lucara Diamond's Other Assets are very stable compared to the past year. As of the 26th of November 2024, Non Currrent Assets Other is likely to grow to about 64.5 M, while Total Assets are likely to drop about 316.1 M.
Lucara Diamond Corp has accumulated 137.99 M in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Lucara Diamond Corp has a current ratio of 1.96, which is within standard range for the sector. Debt can assist Lucara Diamond until it has trouble settling it off, either with new capital or with free cash flow. So, Lucara Diamond'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 Lucara Diamond Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lucara to invest in growth at high rates of return. When we think about Lucara Diamond's use of debt, we should always consider it together with cash and equity.
Lucara Diamond Corp., a diamond mining company, engages in the acquisition, exploration, development, and operation of diamond properties in Africa. Lucara Diamond Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada. LUCARA DIAMOND operates under Other Precious Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 324 people. Lucara Diamond Corp (LUC) is traded on Toronto Exchange in Canada and employs 26 people. Lucara Diamond is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Lucara Diamond Corp Leadership Team

Elected by the shareholders, the Lucara Diamond's board of directors comprises two types of representatives: Lucara Diamond inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lucara. The board's role is to monitor Lucara Diamond's management team and ensure that shareholders' interests are well served. Lucara Diamond'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, Lucara Diamond's outside directors are responsible for providing unbiased perspectives on the board's policies.
Catherine McLeodSeltzer, CoFounder Director
Marie Inkster, Independent Director
Steven Lincoln, Director Marketing
Sophia Shane, Executive Development
Jennifer Harmer, Director Finance
Eira BSc, President, Founder
Saretha Louw, Corporate Secretary
Naseem Lahri, Managing Director of Boteti Mining (Pty) Ltd
Paul Conibear, Independent Director
Lauren Freeman, Vice Resources
David Dicaire, Independent Director
John Armstrong, Vice President - Mineral Resources
Richard Clark, Independent Director
Peter OCallaghan, Director
Catherine Seltzer, Co-Founder, Director
Christopher Schauffele, Project Manager
Johane Mchive, General Manager - Karowe Mine
Eira Thomas, Chief Executive Officer, Co-Founder, Independent Director
Brian Edgar, Independent Director
Robert Eriksson, Investor Sweden
Ayesha Hira, Vice President of Corporate Development and Strategy
William MBA, CEO President
Lukas Lundin, Chairman of the Board
Zara Boldt, Chief Financial Officer, Corporate Secretary
FCCA BCom, CFO Secretary
BA CGA, CFO Sec

Lucara 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 Lucara Diamond 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 Lucara Diamond

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 Lucara Diamond 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 Lucara Diamond will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lucara Stock

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Moving against Lucara Stock

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  0.33INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Lucara Diamond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lucara Diamond 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 Lucara Diamond - 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 Lucara Diamond Corp to buy it.
The correlation of Lucara Diamond 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 Lucara Diamond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lucara Diamond 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 Lucara Diamond 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 Lucara Stock

Lucara Diamond financial ratios help investors to determine whether Lucara 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 Lucara with respect to the benefits of owning Lucara Diamond security.