Kalidas Madhavpeddi - NovaGold Resources Independent Director
| NG Stock | CAD 4.74 0.03 0.63% |
Director
Mr. Kalidas V. Madhavpeddi serves as an Independent Director of NovaGold Resources Inc. Mr. Madhavpeddi, a Director of the Company, has over 30 years of international experience in business development, corporate strategy, global mergers and acquisitions, exploration, government relations, marketing, trading and sales, and mining engineering and capital. He is President of Azteca Consulting LLC, an advisory firm to the metals and mining sector. His extensive career in the mining industry includes time at Phelps Dodge Corporation from 1980 to 2006, starting as a Systems Engineer and ultimately becoming Senior Vice President for Phelps Dodge, a Fortune 500 company, responsible for the companys global business development, acquisitions and divestments, including joint ventures, as well as its global exploration programs. He was contemporaneously President of Phelps Dodge Wire and Cable, a copper and aluminum cable manufacturer with international operations in over ten countries, including Brazil and China. Mr. Madhavpeddi also served as CEO of China Molybdenum Co. Ltd., a privatelyheld company, for nearly ten years from 2008 to 2018. Mr. Madhavpeddi is an alumnus of the Indian Institute of Technology, Madras, India the University of Iowa and the Harvard Business School. The Board has determined that Mr. Madhavpeddi should serve as a Director to benefit from his longterm experience in the mining industry working as an executive in global corporate development, exploration, mergers and acquisitions, joint ventures and finance. Mr. Madhavpeddis principal occupation is serving as the President of Azteca Consulting LLC. Mr. Madhavpeddi served as the CEO of China Molybdenum Co. Ltd. from September 2008 until April 2018, as a director of Namibia Rare Earths from 2010 until November 30, 2016, and currently serves as a director of Capstone Mining and as a director of Trilogy Metals Inc., both since 2012. since 2007.
| Age | 63 |
| Tenure | 18 years |
| Address | 400 Burrard Street, Vancouver, BC, Canada, V6C 3A6 |
| Phone | 604 669 6227 |
| Web | https://www.novagold.com |
Kalidas Madhavpeddi Latest Insider Activity
Tracking and analyzing the buying and selling activities of Kalidas Madhavpeddi against NovaGold Resources stock is an integral part of due diligence when investing in NovaGold Resources. Kalidas Madhavpeddi insider activity provides valuable insight into whether NovaGold Resources is net buyers or sellers over its current business cycle. Note, NovaGold Resources insiders must abide by specific rules, including filing SEC forms every time they buy or sell NovaGold Resources'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Kalidas Madhavpeddi over a month ago Acquisition by Kalidas Madhavpeddi of 1491 shares of NovaGold Resources subject to Rule 16b-3 |
NovaGold Resources Management Efficiency
The company has return on total asset (ROA) of (0.1205) % which means that it has lost $0.1205 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (17.9148) %, meaning that it generated substantial loss on money invested by shareholders. NovaGold Resources' management efficiency ratios could be used to measure how well NovaGold Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of January 2025, Return On Equity is likely to grow to 6.87, though Return On Tangible Assets are likely to grow to (0.38). At this time, NovaGold Resources' Other Current Assets are very stable compared to the past year. As of the 22nd of January 2025, Debt To Assets is likely to grow to 0.98, while Total Assets are likely to drop about 145.6 M.Similar Executives
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Management Performance
| Return On Equity | -17.91 | ||||
| Return On Asset | -0.12 |
NovaGold Resources Leadership Team
Elected by the shareholders, the NovaGold Resources' board of directors comprises two types of representatives: NovaGold Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NovaGold. The board's role is to monitor NovaGold Resources' management team and ensure that shareholders' interests are well served. NovaGold Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NovaGold Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Kaplan, Chairman of the Board | ||
| Ethan Schutt, Independent Director | ||
| Kalidas Madhavpeddi, Independent Director | ||
| Ronald Rimelman, Health, Environment | ||
| Gregory Lang, CEO and President Non-Independent Director, Member of Environment, Health, Safety, Sustainability and Technical Committee and Member of Corporate Communications Committee | ||
| Richard BSc, VP Devel | ||
| Tricia Pannier, Corporate Secretary | ||
| Clynton Nauman, Independent Director | ||
| Peter CFA, CFO VP | ||
| Anthony Walsh, Lead Independent Director | ||
| Benjamin Machlis, VP Counsel | ||
| Sharon Dowdall, Independent Director | ||
| David Ottewell, CFO, Principal Accounting Officer and VP | ||
| Frank Gagnon, Manager Relations | ||
| Igor Levental, Independent Director | ||
| Melanie Hennessey, Vice Communications | ||
| David CA, VP CFO | ||
| Jason Mercier, Manager Relations | ||
| Elaine DorwardKing, Director | ||
| MBE BSc, VP COO | ||
| Diane Garrett, Independent Director |
NovaGold 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 NovaGold Resources 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 | -17.91 | ||||
| Return On Asset | -0.12 | ||||
| Current Valuation | 1.66 B | ||||
| Shares Outstanding | 334.57 M | ||||
| Shares Owned By Insiders | 26.48 % | ||||
| Shares Owned By Institutions | 59.23 % | ||||
| Number Of Shares Shorted | 3.19 M | ||||
| Price To Earning | (48.33) X | ||||
| Price To Book | 25,740 X | ||||
| EBITDA | (21.77 M) |
Pair Trading with NovaGold Resources
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 NovaGold Resources 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 NovaGold Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with NovaGold Stock
Moving against NovaGold Stock
The ability to find closely correlated positions to NovaGold Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NovaGold Resources 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 NovaGold Resources - 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 NovaGold Resources to buy it.
The correlation of NovaGold Resources 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 NovaGold Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NovaGold Resources 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 NovaGold Resources 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NovaGold Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in NovaGold Stock, please use our How to Invest in NovaGold Resources guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.