Matthew Wood - Steppe Gold Chairman of the Board and Presidentident, CEO

STGO Stock  CAD 0.64  0.01  1.59%   

Chairman

Mr. Matthew Gaden Western Wood is Chairman of the Board, President, Chief Executive Officer of the Company. He is a mineral resource explorer and developer with over 25 years of global industry experience in mining and commodities investments. He has managed investment deals in diamonds, coal, energy, ferrous metals, base and precious metals, and other commodities. His unique skills in technical and economic evaluation of resource opportunities have resulted in a record of nurturing resource deals from early stage, to market listings and exit strategies for his investors. He was formally the founder and executive Chairman of Mongolian coal company, Hunnu Coal Limited. Hunnu Coal was IPO of the year for all sectors on the ASX in 2010, and its sale for approximately A500M in 2011 to Banpu PCL was recognized as the Mines and Money 2012 Deal of the Year. Mr. Wood has founded and been involved in many other resource companies and investments through the years. He has extensive experience and many key relationships in Mongolia, and was recently awarded the Order of the Polar Star, the highest state honour that can be awarded to a noncitizen of Mongolia. Mr. Wood has an Honours Degree in Geology from the University of New South Wales and a Graduate Certificate in Mineral Economics from the Western Australian School of Mines. since 2016.
Age 55
Tenure 8 years
Address Shangri-La office, Ulaanbaatar, Mongolia, 14241
Phone976 7732 1914
Webhttps://steppegold.com

Steppe Gold Management Efficiency

The company has return on total asset (ROA) of 0.1043 % which means that it generated a profit of $0.1043 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.113) %, meaning that it generated substantial loss on money invested by shareholders. Steppe Gold's management efficiency ratios could be used to measure how well Steppe Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.10. Also, Return On Capital Employed is likely to grow to 0.30. At this time, Steppe Gold's Net Tangible Assets are very stable compared to the past year. As of the 30th of November 2024, Non Current Assets Total is likely to grow to about 48.6 M, while Total Assets are likely to drop about 72.4 M.
Steppe Gold has accumulated 36.05 M in total debt with debt to equity ratio (D/E) of 209.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Steppe Gold has a current ratio of 1.22, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Steppe Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Steppe Gold'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 Steppe Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Steppe to invest in growth at high rates of return. When we think about Steppe Gold's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

CHAIRMAN Age

Robert FriedlandIvanhoe Energy
73
Steppe Gold Ltd. explores for and develops precious metals in Mongolia and Canada. The company was incorporated in 2016 and is headquartered in Ulaanbaatar, Mongolia. STEPPE GOLD is traded on Toronto Stock Exchange in Canada. Steppe Gold (STGO) is traded on Toronto Exchange in Canada and employs 275 people. Steppe Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Steppe Gold Leadership Team

Elected by the shareholders, the Steppe Gold's board of directors comprises two types of representatives: Steppe Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Steppe. The board's role is to monitor Steppe Gold's management team and ensure that shareholders' interests are well served. Steppe Gold'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, Steppe Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Byambatseren Tsogbadrakh, President Director
Jeremy CA, Senior CFO
Gregory Wood, VP Operations
Enkhtuvshin Khishigsuren, Vice Exploration
Matthew Wood, Chairman of the Board and Presidentident, CEO
Bataa TumurOchir, Vice President - Mongolia, Director
Aneel Waraich, Executive Director

Steppe 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 Steppe Gold 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 Steppe Gold

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 Steppe Gold 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 Steppe Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Steppe Stock

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Moving against Steppe Stock

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

Steppe Gold financial ratios help investors to determine whether Steppe 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 Steppe with respect to the benefits of owning Steppe Gold security.