Evan Eadie - Starcore International Investor Relations

SAM Stock  CAD 0.16  0.02  14.29%   

Insider

Evan Eadie is Investor Relations of Starcore International Mines
Address 580 Hornby Street, Vancouver, BC, Canada, V6C 3B6
Phone604 602 4935
Webhttps://www.starcore.com

Starcore International Management Efficiency

The company has return on total asset (ROA) of 0.0125 % which means that it generated a profit of $0.0125 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0967 %, meaning that it generated $0.0967 on every $100 dollars invested by stockholders. Starcore International's management efficiency ratios could be used to measure how well Starcore International manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to drop to 0. In addition to that, Return On Capital Employed is likely to drop to -0.05. At this time, Starcore International's Non Currrent Assets Other are very stable compared to the past year. As of the 1st of December 2024, Other Current Assets is likely to grow to about 2.6 M, while Total Assets are likely to drop about 42.4 M.
Starcore International Mines has accumulated 758 K in total debt with debt to equity ratio (D/E) of 11.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Starcore International has a current ratio of 1.5, which is within standard range for the sector. Debt can assist Starcore International until it has trouble settling it off, either with new capital or with free cash flow. So, Starcore International'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 Starcore International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Starcore to invest in growth at high rates of return. When we think about Starcore International's use of debt, we should always consider it together with cash and equity.

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Starcore International Mines Ltd., a mineral resource company, explores for, develops, and produces mineral resources in Mexico. Starcore International Mines Ltd. was incorporated in 1980 and is headquartered in Vancouver, Canada. STARCORE INTERNATIONAL operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. Starcore International Mines (SAM) is traded on Toronto Exchange in Canada and employs 53 people. Starcore International is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Starcore International Leadership Team

Elected by the shareholders, the Starcore International's board of directors comprises two types of representatives: Starcore International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Starcore. The board's role is to monitor Starcore International's management team and ensure that shareholders' interests are well served. Starcore International'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, Starcore International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Cory LLB, Corporate Secretary
Salvador PEng, COO Director
Evan Eadie, Investor Relations
Robert Eadie, Executive Chairman, CEO and President and Non-Independent Director
Pierre Alarie, Pres Director

Starcore 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 Starcore International 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 Starcore International

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 Starcore International 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 Starcore International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Starcore Stock

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

Starcore International financial ratios help investors to determine whether Starcore 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 Starcore with respect to the benefits of owning Starcore International security.