Amjad Ali - Platinum Group Project Board
| PTM Stock | CAD 2.46 0.10 4.24% |
Insider
Amjad Ali is Project Board of Platinum Group Metals
| Age | 80 |
| Address | 1100 Melville Street, Vancouver, BC, Canada, V6E 4A6 |
| Phone | 604 899 5450 |
| Web | https://www.platinumgroupmetals.net |
Platinum Group Management Efficiency
The company has return on total asset (ROA) of (0.1089) % which means that it has lost $0.1089 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.12) %, meaning that it generated substantial loss on money invested by shareholders. Platinum Group's management efficiency ratios could be used to measure how well Platinum Group manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to drop to -0.14. In addition to that, Return On Capital Employed is likely to drop to -0.15. At this time, Platinum Group's Intangibles To Total Assets are very stable compared to the past year. As of the 23rd of November 2024, Debt To Assets is likely to grow to 0.56, while Total Assets are likely to drop about 54.6 M.Similar Executives
| Found 9 records | INSIDER Age | ||
| Daren PEng | Americas Silver Corp | N/A | |
| Wanjin Yang | Eastern Platinum Limited | N/A | |
| CPA CAP | Entree Resources | 61 | |
| Hanenelie Hanson | Eastern Platinum Limited | N/A | |
| Wade Dawe | Minco Silver | 54 | |
| BSc BSc | Minco Silver | 69 | |
| H Howard | Entree Resources | 82 | |
| BS Esq | Americas Silver Corp | N/A | |
| Niel PGeo | Americas Silver Corp | N/A | |
Management Performance
| Return On Equity | -0.12 | ||||
| Return On Asset | -0.11 |
Platinum Group Metals Leadership Team
Elected by the shareholders, the Platinum Group's board of directors comprises two types of representatives: Platinum Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Platinum. The board's role is to monitor Platinum Group's management team and ensure that shareholders' interests are well served. Platinum Group'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, Platinum Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| BBA CA, CEO Pres | ||
| Carlos Agueero, Chief Inc | ||
| Amjad Ali, Project Board | ||
| Kresimir Begic, Vice Development | ||
| Schalk Engelbrecht, PTM Executive | ||
| Vilma FernandezMaldonado, Corporate Secretary | ||
| Gabriel Wet, Head Engineering |
Platinum 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 Platinum Group 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 | -0.12 | ||||
| Return On Asset | -0.11 | ||||
| Current Valuation | 246.34 M | ||||
| Shares Outstanding | 102.69 M | ||||
| Shares Owned By Insiders | 26.44 % | ||||
| Shares Owned By Institutions | 25.92 % | ||||
| Number Of Shares Shorted | 232.67 K | ||||
| Price To Earning | (0.28) X | ||||
| Price To Book | 6.95 X | ||||
| EBITDA | (5.78 M) |
Pair Trading with Platinum Group
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 Platinum Group 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 Platinum Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Platinum Stock
| 0.93 | AG | First Majestic Silver | PairCorr |
| 0.91 | IE | Ivanhoe Energy | PairCorr |
| 0.83 | FDY | Faraday Copper Corp | PairCorr |
Moving against Platinum Stock
The ability to find closely correlated positions to Platinum Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Platinum Group 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 Platinum Group - 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 Platinum Group Metals to buy it.
The correlation of Platinum Group 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 Platinum Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Platinum Group 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 Platinum Group 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 Platinum Group Metals. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.