Patrick Boitumelo - Lundin Mining VP Growth

LUN Stock  CAD 14.14  0.01  0.07%   

Insider

Patrick Boitumelo is VP Growth of Lundin Mining
Age 51
Address 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8
Phone604-689-7842
Webhttps://www.lundinmining.com

Lundin Mining Management Efficiency

The company has return on total asset (ROA) of 0.0464 % which means that it generated a profit of $0.0464 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0653 %, meaning that it generated $0.0653 on every $100 dollars invested by stockholders. Lundin Mining's management efficiency ratios could be used to measure how well Lundin Mining manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Lundin Mining's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.03. At this time, Lundin Mining's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Debt To Assets is likely to grow to 0.12, while Net Tangible Assets are likely to drop about 3.8 B.
Lundin Mining has accumulated 1.49 B in total debt with debt to equity ratio (D/E) of 0.08, which may suggest the company is not taking enough advantage from borrowing. Lundin Mining has a current ratio of 1.54, which is within standard range for the sector. Debt can assist Lundin Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Lundin Mining'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 Lundin Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lundin to invest in growth at high rates of return. When we think about Lundin Mining's use of debt, we should always consider it together with cash and equity.

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Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, and Sweden. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Toronto, Canada. LUNDIN MINING operates under Copper classification in Canada and is traded on Toronto Stock Exchange. It employs 4170 people. Lundin Mining (LUN) is traded on Toronto Exchange in Canada and employs 6,019 people. Lundin Mining is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Lundin Mining Leadership Team

Elected by the shareholders, the Lundin Mining's board of directors comprises two types of representatives: Lundin Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lundin. The board's role is to monitor Lundin Mining's management team and ensure that shareholders' interests are well served. Lundin Mining'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, Lundin Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
Juan Morel, Executive COO
Marie Inkster, President, Chief Executive Officer, Director
PEng MBA, Vice Relations
Tim Walmsley, Vice Exploration
David Dicaire, Executive Project
Peter Jones, Independent Director
Peter Brady, Executive Counsel
JeanClaude Lalumiere, Senior Vice President of Human Resources
Kristen Mariuzza, Health Sustainability
John Craig, Independent Director
Jacinta Zaleski, Vice Resources
Jinhee Magie, Chief Financial Officer, Senior Vice President
J Schauman, Senior Vice President - Commercial
Peter Rockandel, Senior Vice President of Corporate Development and Investor Relations
Quinn Yong, Vice Strategy
Andrew Hastings, Senior Vice President General Counsel
Jack Lundin, CEO President
Dale Peniuk, Independent Director
Annie Laurenson, Corporate Secretary
Steve Little, Vice Innovation
William Rand, Lead Independent Director
Mikael Schauman, Vice President - Marketing
Patrick Merrin, Executive Services
Ciara Talbot, Vice President - Exploration
Patrick Boitumelo, VP Growth
Lukas Lundin, Chairman of the Board
Peter Richardson, Chief Operating Officer, Senior Vice President
Donald Charter, Independent Director
Derek Riehm, Vice President - Environment
Teitur Poulsen, Executive CFO
Stephen Gatley, Vice President - Technical Services
PE MBA, VP Relations
Catherine Stefan, Independent Director

Lundin 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 Lundin Mining 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 Lundin Mining

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 Lundin Mining 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 Lundin Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lundin Stock

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

Lundin Mining financial ratios help investors to determine whether Lundin 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 Lundin with respect to the benefits of owning Lundin Mining security.