PEng Eng - Almaden Minerals Founder Chairman
| AMM Stock | CAD 0.17 0.00 0.00% |
Insider
PEng Eng is Founder Chairman of Almaden Minerals
| Age | 83 |
| Address | 1333 Johnston Street, Vancouver, BC, Canada, V6H 3R9 |
| Phone | 604 689 7644 |
| Web | https://www.almadenminerals.com |
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 15th of May 2024, Return On Tangible Assets is likely to grow to -4.76. In addition to that, Return On Capital Employed is likely to grow to -0.37. At this time, Almaden Minerals' Intangibles To Total Assets are very stable compared to the past year. As of the 15th of May 2024, Debt To Assets is likely to grow to 0.37, while Net Tangible Assets are likely to drop about 65.4 M.Similar Executives
| Found 5 records | INSIDER Age | ||
| Andrew Newbury | Chibougamau Independent Mines | N/A | |
| Dennis CPA | Laramide Resources | 75 | |
| Ann Baines | Laramide Resources | N/A | |
| BA LLB | Laramide Resources | 48 | |
| AccDir BSc | Chibougamau Independent Mines | 75 | |
Management Performance
| Return On Equity | -1.66 | ||||
| Return On Asset | -0.94 |
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.
| PEng Eng, Founder Chairman | ||
| PEng MSc, CEO President | ||
| BCom MASc, Executive President | ||
| 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.
| Return On Equity | -1.66 | ||||
| Return On Asset | -0.94 | ||||
| Current Valuation | 23.83 M | ||||
| Shares Outstanding | 137.22 M | ||||
| Shares Owned By Insiders | 3.82 % | ||||
| Shares Owned By Institutions | 3.64 % | ||||
| Number Of Shares Shorted | 2.54 K | ||||
| Price To Earning | (31.78) X | ||||
| Price To Book | 0.34 X | ||||
| EBITDA | (4.22 M) |
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.Moving against Almaden Stock
| 0.64 | FDY | Faraday Copper Corp | PairCorr |
| 0.52 | GOOG | Alphabet CDR | PairCorr |
| 0.49 | IE | Ivanhoe Energy | PairCorr |
| 0.42 | GS | GOLDMAN SACHS CDR | PairCorr |
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.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. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Almaden Stock analysis
When running Almaden Minerals' price analysis, check to measure Almaden Minerals' 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 Almaden Minerals is operating at the current time. Most of Almaden Minerals' value examination focuses on studying past and present price action to predict the probability of Almaden Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Almaden Minerals' price. Additionally, you may evaluate how the addition of Almaden Minerals to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |