David Kong - New Pacific Independent Director
| NEWP Stock | USD 1.57 0.02 1.26% |
Insider
David Kong is Independent Director of New Pacific Metals since 2010.
| Age | 73 |
| Tenure | 14 years |
| Address | 1066 West Hastings Street, Vancouver, BC, Canada, V6E 3X1 |
| Phone | 604 633 1368 |
| Web | https://www.newpacificmetals.com |
New Pacific Management Efficiency
The company has return on total asset (ROA) of (0.0308) % which means that it has lost $0.0308 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0478) %, meaning that it created substantial loss on money invested by shareholders. New Pacific's management efficiency ratios could be used to measure how well New Pacific manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/26/2024, Return On Tangible Assets is likely to drop to -0.3. In addition to that, Return On Capital Employed is likely to grow to -0.26. As of 11/26/2024, Total Current Liabilities is likely to grow to about 2.3 M, while Liabilities And Stockholders Equity is likely to drop slightly above 118.3 M.Similar Executives
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Management Performance
| Return On Equity | -0.0478 | ||||
| Return On Asset | -0.0308 |
New Pacific Metals Leadership Team
Elected by the shareholders, the New Pacific's board of directors comprises two types of representatives: New Pacific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New Pacific's management team and ensure that shareholders' interests are well served. New Pacific'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, New Pacific's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Svetoslava Pavlova, Vice President - Investor Relations and Corporate Communications | ||
| Thomas Hawkins, Independent Director | ||
| YongJae Kim, General Counsel, Corporate Secretary | ||
| Jack Austin, Independent Chairman of the Board | ||
| Mark Cruise, Chief Executive Officer, Director | ||
| Xiangdong Jiang, Vice Development | ||
| Martin Wafforn, Independent Director | ||
| Alex Zhang, Vice President - Exploration | ||
| Carolina Ordonez, Vice Affairs | ||
| BSc BE, Vice Operations | ||
| Jalen Yuan, Chief Financial Officer | ||
| MEng MSc, Vice Exploration | ||
| Rui Feng, CEO Founder | ||
| Andrew Williams, CEO Director | ||
| David Tingey, Vice President - Sustainability | ||
| David Kong, Independent Director |
New 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 New Pacific 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 | -0.0478 | ||||
| Return On Asset | -0.0308 | ||||
| Current Valuation | 251.12 M | ||||
| Shares Outstanding | 171.5 M | ||||
| Shares Owned By Insiders | 46.18 % | ||||
| Shares Owned By Institutions | 15.97 % | ||||
| Number Of Shares Shorted | 978.01 K | ||||
| Price To Earning | 174.55 X | ||||
| Price To Book | 2.00 X | ||||
| Price To Sales | 271.60 X |
Pair Trading with New Pacific
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 New Pacific 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 New Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with New Stock
| 0.65 | CSCO | Cisco Systems Aggressive Push | PairCorr |
Moving against New Stock
| 0.53 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.5 | PG | Procter Gamble | PairCorr |
| 0.41 | KO | Coca Cola Aggressive Push | PairCorr |
The ability to find closely correlated positions to New Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Pacific 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 New Pacific - 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 New Pacific Metals to buy it.
The correlation of New Pacific 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 New Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Pacific Metals 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 New Pacific 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.Additional Tools for New Stock Analysis
When running New Pacific's price analysis, check to measure New Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Pacific is operating at the current time. Most of New Pacific's value examination focuses on studying past and present price action to predict the probability of New Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Pacific's price. Additionally, you may evaluate how the addition of New Pacific to your portfolios can decrease your overall portfolio volatility.