Michael Steinmann - Pan American President, Chief Executive Officer, Director
PAAS Stock | CAD 31.57 0.43 1.34% |
CEO
Dr. Michael Steinmann was President, Chief Executive Officer, Director of Pan American Silver Corporationration Mr. Steinmann was with the Company in different roles since 2004. He was promoted to President in February 2015 and named President CEO in January 2016. Mr. Steinmann has over 20 years of experience in the base and precious metals industry. He joined Pan American Silver Corporationration after serving as Manager of Geology and Business Development for Glencore in South America. Mr. Steinmann holds a Ph.D. in Natural Science from the Swiss Federal Institute of Technology a M.Sc. in Geology from the University of Zurich and a Degree in Corporationrationrate Finance from Escuela Superior de Administracio n y Negocios, Lima. Mr. Steinmann has extensive experience throughout South America in mine operations, project development and corporate MA having participated in numerous mine construction projects from exploration and feasibility studies, through startup and into continuous operation. He was involved in many capital market transactions including placements of equity and debt, as well as in numerous other exploration and business development initiatives since 2016.
Age | 53 |
Tenure | 8 years |
Address | Seymour Street, Vancouver, BC, Canada, V6C 0S6 |
Phone | 604 684 1175 |
Web | https://www.panamericansilver.com |
Pan American Management Efficiency
The company has return on total asset (ROA) of 0.0165 % which means that it generated a profit of $0.0165 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0132) %, meaning that it generated substantial loss on money invested by shareholders. Pan American's management efficiency ratios could be used to measure how well Pan American manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to drop to -0.02. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Pan American's Intangibles To Total Assets are very stable compared to the past year. As of the 25th of November 2024, Debt To Assets is likely to grow to 0.10, while Net Tangible Assets are likely to drop about 2.1 B.Similar Executives
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Management Performance
Return On Equity | -0.0132 | ||||
Return On Asset | 0.0165 |
Pan American Silver Leadership Team
Elected by the shareholders, the Pan American's board of directors comprises two types of representatives: Pan American inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pan. The board's role is to monitor Pan American's management team and ensure that shareholders' interests are well served. Pan American'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, Pan American's outside directors are responsible for providing unbiased perspectives on the board's policies.
Neil Gelder, Independent Director | ||
Michael Steinmann, President, Chief Executive Officer, Director | ||
Steven Busby, Chief Operating Officer | ||
Cameron Paterson, Senior IT | ||
Walter Segsworth, Lead Independent Director | ||
Christopher Lemon, General Counsel | ||
Andres Dasso, Senior Vice President - Mining Operations | ||
Ignacio Couturier, Chief Officer | ||
Charles Jeannes, Independent Director | ||
A Doyle, Chief Financial Officer | ||
Michael Carroll, Independent Director | ||
Delaney Fisher, Associate VP | ||
Michael PGeo, CEO President | ||
Scott Campbell, Senior Projects | ||
Ross Beaty, Independent Chairman of the Board | ||
Christopher Emerson, Vice President - Business Development and Geology | ||
Brent Bergeron, Senior Sustainability | ||
Ibtissam Drier, Senior Development | ||
Martin PEng, Senior Optimization | ||
Siren Fisekci, Vice President Investor Relations and Corporate Communications | ||
Sean McAleer, Senior Vice President, Managing Director, Guatemala | ||
Gillian Winckler, Independent Director | ||
PGEO PGeo, CEO Pres | ||
George Greer, Senior Vice President - Project Development |
Pan 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 Pan American 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 | -0.0132 | ||||
Return On Asset | 0.0165 | ||||
Profit Margin | (0.02) % | ||||
Operating Margin | 0.21 % | ||||
Current Valuation | 11.94 B | ||||
Shares Outstanding | 363 M | ||||
Shares Owned By Insiders | 0.07 % | ||||
Shares Owned By Institutions | 61.63 % | ||||
Number Of Shares Shorted | 1.63 M | ||||
Price To Earning | 146.23 X |
Pair Trading with Pan American
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 Pan American 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 Pan American will appreciate offsetting losses from the drop in the long position's value.Moving together with Pan Stock
0.97 | AG | First Majestic Silver | PairCorr |
0.86 | IE | Ivanhoe Energy | PairCorr |
0.8 | FDY | Faraday Copper Corp | PairCorr |
Moving against Pan Stock
The ability to find closely correlated positions to Pan American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pan American 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 Pan American - 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 Pan American Silver to buy it.
The correlation of Pan American 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 Pan American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pan American 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 Pan American 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.