Nicolas Cookson - Marimaca Copper Head Development
MARI Stock | CAD 4.81 0.04 0.82% |
Executive
Nicolas Cookson is Head Development of Marimaca Copper Corp
Address | 66 Wellington Street West, Toronto, ON, Canada, M5K 1E6 |
Phone | 56 22 432 7608 |
Web | https://marimaca.com |
Marimaca Copper Management Efficiency
The company has return on total asset (ROA) of (0.0438) % which means that it has lost $0.0438 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0831) %, meaning that it generated substantial loss on money invested by shareholders. Marimaca Copper's management efficiency ratios could be used to measure how well Marimaca Copper manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to -0.08. In addition to that, Return On Capital Employed is likely to drop to -0.07. At this time, Marimaca Copper's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Current Assets Total is likely to grow to about 75.5 M, while Non Currrent Assets Other are likely to drop about 225.2 K.Management Performance
Return On Equity | -0.0831 | ||||
Return On Asset | -0.0438 |
Marimaca Copper Corp Leadership Team
Elected by the shareholders, the Marimaca Copper's board of directors comprises two types of representatives: Marimaca Copper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marimaca. The board's role is to monitor Marimaca Copper's management team and ensure that shareholders' interests are well served. Marimaca Copper'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, Marimaca Copper's outside directors are responsible for providing unbiased perspectives on the board's policies.
Nicolas Cookson, Head Development | ||
Jose Merino, Managing Chile | ||
Hayden Locke, CEO President | ||
Sergio Rivera, Vice Exploration | ||
Laura Rich, General Officer | ||
Luis Tondo, Consultant | ||
Jos Merino, MD CFO | ||
Solange Gonzalez, General Secretary |
Marimaca 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 Marimaca Copper 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 | -0.0831 | ||||
Return On Asset | -0.0438 | ||||
Current Valuation | 497.52 M | ||||
Shares Outstanding | 100.99 M | ||||
Shares Owned By Insiders | 24.96 % | ||||
Shares Owned By Institutions | 35.61 % | ||||
Number Of Shares Shorted | 46.97 K | ||||
Price To Earning | 83.78 X | ||||
Price To Book | 3.89 X | ||||
Gross Profit | (1.7 M) |
Pair Trading with Marimaca Copper
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 Marimaca Copper 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 Marimaca Copper will appreciate offsetting losses from the drop in the long position's value.Moving together with Marimaca Stock
Moving against Marimaca Stock
The ability to find closely correlated positions to Marimaca Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marimaca Copper 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 Marimaca Copper - 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 Marimaca Copper Corp to buy it.
The correlation of Marimaca Copper 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 Marimaca Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marimaca Copper 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 Marimaca Copper 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 Marimaca Stock
Marimaca Copper financial ratios help investors to determine whether Marimaca 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 Marimaca with respect to the benefits of owning Marimaca Copper security.