Mark Brown - Almaden Minerals Independent Director

AMM Stock  CAD 0.17  0.01  5.56%   

Director

Mr. Mark T. Brown is an Independent Director of Almaden Minerals Ltd. He is a Chartered Accountant and earned a Bachelors Degree in Commerce from the University of British Columbia in 1990. Mr. Brown received his Chartered Accountants designation in 1993 while working at Price Waterhouse, Chartered Accountants. From 1994 to 1997, he was the controller of two TSE 300 mining companies, one after the other, each of which produced in excess of 100, 000 ounces of gold annually. At the end of 1997, Mr. Brown joined Pacific Opportunity Capital Ltd. which was set up to provide business financial support, both administratively and for transactions and negotiations, to public and private emerging companies. He also serves as a director and CFO of Big Sky Petroleum Corporationrationration, an oil and gas exploration company listed on the TSXV and serves as CFO of Tarsis Resources Ltd., a mineral exploration company listed on the TSXV since 2011.
Age 47
Tenure 13 years
Address 1333 Johnston Street, Vancouver, BC, Canada, V6H 3R9
Phone604 689 7644
Webhttps://www.almadenminerals.com
Brown also serves as a director of the following companies: Avrupa Minerals Ltd., a base metals exploration company listed on the TSXV.; Estrella Gold Corporationrationrationration, a gold exploration company listed on the TSXV.; Galileo Petroleum Ltd., an oil and gas exploration company listed on the TSXV.; Rare Element Resources Ltd., a rare earths and gold exploration company listed on the TSX and NYSE MKT.; Animas Resources Ltd., a gold exploration company listed on the TSXV., Strategem Capital Corporationrationration, an investment issuer listed on the TSXV.

Almaden Minerals Management Efficiency

The company has return on total asset (ROA) of (0.9372) % which means that it has lost $0.9372 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.6563) %, meaning that it generated substantial loss on money invested by shareholders. Almaden Minerals' management efficiency ratios could be used to measure how well Almaden Minerals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of May 2024, Return On Tangible Assets is likely to grow to -4.75. In addition to that, Return On Capital Employed is likely to grow to -0.37. At this time, Almaden Minerals' Debt To Assets are very stable compared to the past year.
The company has accumulated 4.39 M in total debt with debt to equity ratio (D/E) of 3.9, implying the company greatly relies on financing operations through barrowing. Almaden Minerals has a current ratio of 5.3, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Almaden Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Almaden Minerals' 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 Almaden Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Almaden to invest in growth at high rates of return. When we think about Almaden Minerals' use of debt, we should always consider it together with cash and equity.

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Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. The company was founded in 1980 and is headquartered in Vancouver, Canada. ALMADEN MINERALS operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 9 people. Almaden Minerals (AMM) is traded on Toronto Exchange in Canada and employs 8 people. Almaden Minerals is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Almaden Minerals Leadership Team

Elected by the shareholders, the Almaden Minerals' board of directors comprises two types of representatives: Almaden Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Almaden. The board's role is to monitor Almaden Minerals' management team and ensure that shareholders' interests are well served. Almaden Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Almaden Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
William Worrall, Director
James Poliquin, Founder and Chairman
Joseph Montgomery, Independent Director
Gerald Carlson, Independent Director
BCom MASc, Executive President
David Strang, Director
Laurence Morris, Vice President - Projects and Operations
PEng Eng, Founder Chairman
John McCleary, Independent Director
Douglas McDonald, VP of Corporate Devel.
Korm Trieu, CFO
PEng MSc, CEO President
Morgan Poliquin, President CEO, Director
Mark Brown, Independent Director
Elaine Ellingham, Director
PGeol Eng, Advisor
Gerald Eng, Advisor

Almaden 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 Almaden Minerals 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.
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 Almaden Minerals 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, Almaden Minerals' short interest history, or implied volatility extrapolated from Almaden Minerals options trading.

Pair Trading with Almaden Minerals

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 Almaden Minerals 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 Almaden Minerals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Almaden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almaden Minerals 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 Almaden Minerals - 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 Almaden Minerals to buy it.
The correlation of Almaden Minerals 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 Almaden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almaden Minerals 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 Almaden Minerals 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
When determining whether Almaden Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Almaden Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Almaden Minerals Stock. Highlighted below are key reports to facilitate an investment decision about Almaden Minerals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Almaden Minerals. 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.
To learn how to invest in Almaden Stock, please use our How to Invest in Almaden Minerals guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Please note, there is a significant difference between Almaden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Almaden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almaden Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.