Elizabeth Wademan - Torex Gold Independent Director

TXG Stock  CAD 31.07  0.10  0.32%   

Director

Ms. Elizabeth Anne Wademan is Independent Director of the Company. Ms. Wademan is a corporate director with over 20 years of financial services experience as a senior capital markets professional. Ms. Wademan spent 18 years in investment banking at BMO Capital Markets, where she was a Managing Director and responsible for the Global Metals Mining Equity Capital Markets and Canadian Technology Equity Capital Markets businesses before retiring in 2016 since 2016.
Age 43
Tenure 8 years
Professional MarksCFA
Address Exchange Tower, Toronto, ON, Canada, M5X 2A2
Phone647 260 1500
Webhttps://torexgold.com
Wademan has extensive experience in capital markets advisory and investment banking, in both domestic and international markets, as well as in commodities and securities. She sits on the board of St. Joseph’s Health Centre Foundation. She obtained her Bachelor of Commerce from McGill University, is a CFA charterholder and a member of the Institute of Corporationrationrationrate Directors.

Torex Gold Management Efficiency

The company has return on total asset (ROA) of 0.0948 % which means that it generated a profit of $0.0948 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0827 %, meaning that it generated $0.0827 on every $100 dollars invested by stockholders. Torex Gold's management efficiency ratios could be used to measure how well Torex Gold manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Torex Gold's Return On Tangible Assets are very stable compared to the past year. As of the 24th of November 2024, Return On Capital Employed is likely to grow to 0.31, while Return On Equity is likely to drop 0.13. At this time, Torex Gold's Net Current Asset Value is very stable compared to the past year. As of the 24th of November 2024, Tangible Asset Value is likely to grow to about 255.2 K, while Net Tangible Assets are likely to drop about 900.8 M.
Torex Gold Resources has accumulated 32 M in total debt with debt to equity ratio (D/E) of 0.18, which may suggest the company is not taking enough advantage from borrowing. Torex Gold Resources has a current ratio of 1.91, which is within standard range for the sector. Debt can assist Torex Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Torex 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 Torex Gold Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Torex to invest in growth at high rates of return. When we think about Torex Gold's use of debt, we should always consider it together with cash and equity.

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Torex Gold Resources Inc. engages in the exploration, development, and operation of mineral properties in Mexico. Torex Gold Resources Inc. was founded in 1980 and is headquartered in Toronto, Canada. TOREX GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. Torex Gold Resources (TXG) is traded on Toronto Exchange in Canada and employs 34 people. Torex Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Torex Gold Resources Leadership Team

Elected by the shareholders, the Torex Gold's board of directors comprises two types of representatives: Torex Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Torex. The board's role is to monitor Torex Gold's management team and ensure that shareholders' interests are well served. Torex 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, Torex Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Angela Robson, ESG Resources
David Fennell, Independent Director
Richard Howes, Lead Independent Director
Franklin Davis, Independent Director
Rick Howes, Lead Independent Director
E Murphy, Vice President - Engineering
Andrew Adams, Independent Director
Steven Thomas, Chief Financial Officer
Jody LLB, President CEO
Alex Hemmingsen, Principal Design
Frederick Stanford, President, Chief Executive Officer, Director
Elizabeth Wademan, Independent Director
Jonathan Gilligan, Vice President - Automated Mine Design
LLB LLB, Gen Sec
Eric Murphy, VP Engineering
WMichael Murphy, Independent Director
Dave PEng, Executive Projects
Jody Kuzenko, President, Chief Executive Officer, Director
Mary LLB, General Secretary
Mary Batoff, General Counsel, Corporate Secretary
Anne Stephen, Vice President - Human Resources
Dawson Proudfoot, Vice President - Engineering
Daniel CFA, Senior Relations
Robin Bienenstock, Independent Director
Daniel Rollins, Vice President - Corporate Development and Investor Relations
Faysal Rodriguez, Senior Mexico
Dany Vaiman, Co Controller
James Crombie, Independent Director
Roy Slack, Independent Director
H Loyer, Vice President - Projects
Esteban Jacobs, Director Discovery
William Shaver, Independent Director
A MacGibbon, Independent Chairman of the Board
Mark Thorpe, Vice President - Corporate Social Responsibility

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

Moving together with Torex Stock

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  0.85FDY Faraday Copper CorpPairCorr

Moving against Torex Stock

  0.36INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Torex 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 Torex 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 Torex 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 Torex Gold Resources to buy it.
The correlation of Torex 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 Torex Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Torex Gold Resources 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 Torex 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 Torex Stock

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