Rufus Gandhi - SolGold PLC G Sec

SOLG Stock  CAD 0.14  0.00  0.00%   

Insider

Rufus Gandhi is G Sec of SolGold PLC
Address 1 Cornhill, London, United Kingdom, EC3V 3ND
Phone44 20 3807 6996
Webhttps://www.solgold.com.au

SolGold PLC Management Efficiency

The company has return on total asset (ROA) of (0.0294) % which means that it has lost $0.0294 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2125) %, meaning that it generated substantial loss on money invested by shareholders. SolGold PLC's management efficiency ratios could be used to measure how well SolGold PLC manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of November 2024, Return On Tangible Assets is likely to drop to -1.65. In addition to that, Return On Capital Employed is likely to grow to -0.04. At this time, SolGold PLC's Total Assets are very stable compared to the past year. As of the 27th of November 2024, Non Current Assets Total is likely to grow to about 477.4 M, while Other Current Assets are likely to drop about 2.7 M.
SolGold PLC has accumulated 199.16 M in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. SolGold PLC has a current ratio of 2.25, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist SolGold PLC until it has trouble settling it off, either with new capital or with free cash flow. So, SolGold PLC'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 SolGold PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SolGold to invest in growth at high rates of return. When we think about SolGold PLC's use of debt, we should always consider it together with cash and equity.

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SolGold Plc, together with its subsidiaries, engages in the exploration of mineral properties in Ecuador, Australia, and Solomon Islands. SolGold Plc was incorporated in 2005 and is headquartered in Brisbane, Australia. SOLGOLD PLC operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 463 people. SolGold PLC (SOLG) is traded on Toronto Exchange in Canada and employs 288 people. SolGold PLC is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

SolGold PLC Leadership Team

Elected by the shareholders, the SolGold PLC's board of directors comprises two types of representatives: SolGold PLC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SolGold. The board's role is to monitor SolGold PLC's management team and ensure that shareholders' interests are well served. SolGold PLC'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, SolGold PLC's outside directors are responsible for providing unbiased perspectives on the board's policies.
BBus, Interim Officer
BBA CA, Chief Officer
Jason Ward, Executive Director - Project Management
Brian Moller, Non-Executive Chairman of the Board
James Doyle, Joint Secretary
Nadine Dennison, Chief Human Resource Officer
Steven Botts, Pres Subsidiaries
Ingo Hofmaier, Executive General Manager, Project and Corporate Finance
Lisa Park, Head Metallurgy
Priy Jayasuriya, Chief Financial Officer
Ingo CFA, Executive Finance
Nicholas Mather, Chief Executive Officer, Executive Director
Karl Schlobohm, Company Secretary
BSc FSEG, Chief Advisor
Steven Wood, Joint Secretary
Reed Huppman, Social, Environment
Andrew Taunton, Vice President
Santiago Vaca, Chief Ecuador
Liam Twigger, Non-Executive Chairman of the Board
Fawzi Hanano, Head Relations
Rufus Gandhi, G Sec
Robert Weinberg, Senior Non-Executive Independent Director
Ashley Martin, Vice Engineering
Ryan Wilson, Group Counsel
James Clare, Non-Executive Director
Elodie Goodey, Non-Executive Director
PENG BSc, Interim Director

SolGold 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 SolGold PLC 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 SolGold PLC

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 SolGold PLC 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 SolGold PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with SolGold Stock

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Moving against SolGold Stock

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

SolGold PLC financial ratios help investors to determine whether SolGold 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 SolGold with respect to the benefits of owning SolGold PLC security.