James BA - Xtra Gold Chairman, CoFounder
| XTG Stock | CAD 1.79 0.06 3.47% |
Insider
James BA is Chairman, CoFounder of Xtra Gold Resources Corp
| Age | 57 |
| Address | Monte Carlo #7, Nassau, Bahamas |
| Phone | 416 628 2881 |
| Web | https://www.xtragold.com |
Xtra Gold Management Efficiency
The company has return on total asset (ROA) of 0.1123 % which means that it generated a profit of $0.1123 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0738 %, meaning that it generated $0.0738 on every $100 dollars invested by stockholders. Xtra Gold's management efficiency ratios could be used to measure how well Xtra Gold 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 -0.01. In addition to that, Return On Capital Employed is likely to grow to -0.12. At this time, Xtra Gold's Non Current Assets Total are very stable compared to the past year. As of the 1st of December 2024, Total Current Assets is likely to grow to about 10.8 M, while Total Assets are likely to drop about 7.8 M.Similar Executives
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Management Performance
| Return On Equity | 0.0738 | ||||
| Return On Asset | 0.11 |
Xtra Gold Resources Leadership Team
Elected by the shareholders, the Xtra Gold's board of directors comprises two types of representatives: Xtra Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Xtra. The board's role is to monitor Xtra Gold's management team and ensure that shareholders' interests are well served. Xtra 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, Xtra Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| BA BA, VP CFO | ||
| Denis Laviolette, Director | ||
| Yves PGeo, Vice Exploration | ||
| Hans Morsches, Director | ||
| Yves Clement, Vice President - Exploration | ||
| James BA, Chairman, CoFounder | ||
| William Asiedu, Chief Officer | ||
| James Schweitzer, Independent Director | ||
| Peter Minuk, Corporate Secretary, Director, Member of Audit Committee, Member of Nominating and Corporate Governance Committee and Member of Compensation Committee | ||
| Victor Nkansa, Chief Financial Officer, Vice President - Ghana Operations | ||
| James Longshore, Chairman of the Board, Chief Executive Officer | ||
| CA BA, VP CFO |
Xtra 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 Xtra 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.
| Return On Equity | 0.0738 | ||||
| Return On Asset | 0.11 | ||||
| Current Valuation | 63.61 M | ||||
| Shares Outstanding | 46.04 M | ||||
| Shares Owned By Insiders | 22.99 % | ||||
| Number Of Shares Shorted | 1.7 K | ||||
| Price To Earning | 19.17 X | ||||
| Price To Book | 4.57 X | ||||
| EBITDA | 2.27 M | ||||
| Net Income | 14.72 K |
Pair Trading with Xtra 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 Xtra 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 Xtra Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Xtra Stock
Moving against Xtra Stock
The ability to find closely correlated positions to Xtra 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 Xtra 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 Xtra 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 Xtra Gold Resources Corp to buy it.
The correlation of Xtra 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 Xtra Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xtra 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 Xtra 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.Other Information on Investing in Xtra Stock
Xtra Gold financial ratios help investors to determine whether Xtra 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 Xtra with respect to the benefits of owning Xtra Gold security.