Ken Cai - Minco Silver Chairman

MSV Stock  CAD 0.19  0.01  5.56%   

Chairman

Dr. Ken Z. Cai is Chairman of the Board, Chief Executive Officer of Minco Silver Corporationrationration. Dr. Cai was the Chief Executive Officer and a director of Minco Silver since August 2004 and the President, Chief Executive Officer and a director of Minco Gold Corporation since February 1996 since 2016.
Age 60
Tenure 8 years
Professional MarksPh.D
Address 1055 West Georgia Street, Vancouver, BC, Canada, V6E 3R5
Phone604-688-8002
Webhttps://www.mincosilver.com
Cai is a director, President and CEO of Minco Base Metals Corporationration from May 2007 to present. Dr. Cai holds a Ph.D. in mineral economics from Queens University in Kingston, Ontario. Dr. Cai, has 25 years' experience in mineral exploration, project evaluation, corporate financing and company management. He was the driving force behind the Company and responsible for negotiating the property agreements in China. He has a wide range of highlevel contacts in the Chinese mining communities and this has allowed Minco to access data on a number of projects throughout China.

Minco Silver Management Efficiency

The company has return on total asset (ROA) of (0.036) % which means that it has lost $0.036 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1131) %, meaning that it generated substantial loss on money invested by shareholders. Minco Silver's management efficiency ratios could be used to measure how well Minco Silver manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to drop to -0.09. In addition to that, Return On Capital Employed is likely to drop to -0.06. At this time, Minco Silver's Total Assets are very stable compared to the past year. As of the 26th of November 2024, Other Current Assets is likely to grow to about 398.7 K, while Total Current Assets are likely to drop about 43.9 M.
Minco Silver has accumulated 759.73 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Minco Silver has a current ratio of 48.47, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Minco Silver until it has trouble settling it off, either with new capital or with free cash flow. So, Minco Silver'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 Minco Silver sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Minco to invest in growth at high rates of return. When we think about Minco Silver's use of debt, we should always consider it together with cash and equity.

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CHAIRMAN Age

Catherine McLeodSeltzerBear Creek Mining
58
Andrew SwarthoutBear Creek Mining
67
Minco Silver Corporation, a development stage company, engages in the acquisition, exploration, development, and maintenance of mineral resource projects. The company was incorporated in 2004 and is headquartered in Vancouver, Canada. MINCO SILVER operates under Silver classification in Canada and is traded on Toronto Stock Exchange. Minco Silver (MSV) is traded on Toronto Exchange in Canada and employs 10 people. Minco Silver is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Minco Silver Leadership Team

Elected by the shareholders, the Minco Silver's board of directors comprises two types of representatives: Minco Silver inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Minco. The board's role is to monitor Minco Silver's management team and ensure that shareholders' interests are well served. Minco Silver'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, Minco Silver's outside directors are responsible for providing unbiased perspectives on the board's policies.
George Lian, Lead Independent Director
David Li, Chief Financial Officer
Renee Lin, CFO Secretary
BSc BSc, Advisor
Ken Cai, Chairman of the Board, President, Chief Executive Officer
Larry Tsang, Chief Financial Officer
Maria Tang, Independent Director
Jennifer Trevitt, Director of Corporate Affairs and Corporate Secretary
Tim Sun, Independent Director
Thomas Spilsbury, Independent Director
Wade Dawe, Advisor

Minco 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 Minco Silver 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 Minco Silver

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 Minco Silver 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 Minco Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Minco Stock

  0.61AG First Majestic SilverPairCorr
The ability to find closely correlated positions to Minco Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Minco Silver 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 Minco Silver - 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 Minco Silver to buy it.
The correlation of Minco Silver 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 Minco Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Minco Silver 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 Minco Silver 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 Minco Stock

Minco Silver financial ratios help investors to determine whether Minco 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 Minco with respect to the benefits of owning Minco Silver security.