Michael McInnis - Abacus Mining Chairman of the Board and Presidentident, CEO
| AME Stock | CAD 0.04 0.01 20.00% |
Chairman
Mr. Michael D. McInnis is Executive Chairman of the Board of Abacus Mining Exploration Corporationration He serves as the President and CEO of Riverstone Resources Inc. from October 1996 to present President and CEO of Gateway Gold Corporationration from May 2002 to December 2008 Professional Engineer from 1975 to present. since 2017.
| Tenure | 7 years |
| Phone | 604-682-0301 |
| Web | https://www.amemining.com |
Abacus Mining Management Efficiency
The company has return on total asset (ROA) of (0.0399) % which means that it has lost $0.0399 on every $100 spent on assets. This is way below average. Abacus Mining's management efficiency ratios could be used to measure how well Abacus Mining manages its routine affairs as well as how well it operates its assets and liabilities.Management Performance
| Return On Asset | -0.0399 |
Abacus Mining Leadership Team
Elected by the shareholders, the Abacus Mining's board of directors comprises two types of representatives: Abacus Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Abacus. The board's role is to monitor Abacus Mining's management team and ensure that shareholders' interests are well served. Abacus Mining'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, Abacus Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| CPA CPA, Secretary CFO | ||
| Paul Anderson, President, Chief Operating Officer, Director | ||
| Louis Montpellier, Independent Director | ||
| Ian MacNeily, Chief Financial Officer, Executive Vice President, Secretary | ||
| Thomas McKeever, Director | ||
| Victor Lazarovici, Independent Director | ||
| Michael PEng, Executive Chairman | ||
| Sean Harvey, Non-Executive Independent Director | ||
| T Harvey, Non-Executive Independent Director | ||
| Michael McInnis, Chairman of the Board and Presidentident, CEO |
Abacus 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 Abacus Mining 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 Asset | -0.0399 | ||||
| Current Valuation | 30.82 M | ||||
| Shares Outstanding | 120.84 M | ||||
| Shares Owned By Insiders | 6.59 % | ||||
| Number Of Shares Shorted | 2.22 K | ||||
| Price To Earning | (0.57) X | ||||
| Price To Book | 0.95 X | ||||
| EBITDA | (640.72 K) | ||||
| Net Income | (1.31 M) | ||||
| Cash And Equivalents | 1.12 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Abacus Mining in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Abacus Mining's short interest history, or implied volatility extrapolated from Abacus Mining options trading.
Pair Trading with Abacus Mining
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 Abacus Mining 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 Abacus Mining will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Abacus Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abacus Mining 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 Abacus Mining - 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 Abacus Mining and to buy it.
The correlation of Abacus Mining 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 Abacus Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abacus Mining 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 Abacus Mining 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Mining and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Abacus Stock analysis
When running Abacus Mining's price analysis, check to measure Abacus Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abacus Mining is operating at the current time. Most of Abacus Mining's value examination focuses on studying past and present price action to predict the probability of Abacus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abacus Mining's price. Additionally, you may evaluate how the addition of Abacus Mining to your portfolios can decrease your overall portfolio volatility.
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