Donald Njegovan - Ascot Resources Independent Director

AOT Stock  CAD 0.21  0.01  4.55%   

Director

Donald Njegovan is Independent Director of Ascot Resources since 2018.
Age 48
Tenure 6 years
Address 1095 West Pender Street, Vancouver, BC, Canada, V6E 2M6
Phone778 725 1060
Webhttps://ascotgold.com

Ascot Resources Management Efficiency

As of the 4th of December 2024, Return On Tangible Assets is likely to drop to -0.02. In addition to that, Return On Capital Employed is likely to drop to -0.02. At this time, Ascot Resources' Total Assets are very stable compared to the past year. As of the 4th of December 2024, Non Current Assets Total is likely to grow to about 627.9 M, while Non Currrent Assets Other are likely to drop about 4.9 M. Ascot Resources' management efficiency ratios could be used to measure how well Ascot Resources manages its routine affairs as well as how well it operates its assets and liabilities.
Ascot Resources has accumulated 27.27 M in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Ascot Resources has a current ratio of 2.38, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ascot Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Ascot Resources' 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 Ascot Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ascot to invest in growth at high rates of return. When we think about Ascot Resources' use of debt, we should always consider it together with cash and equity.

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Ascot Resources Ltd. operates as a mineral development and exploration company in the United States and Canada. Ascot Resources Ltd. was incorporated in 1986 and is headquartered in Vancouver, Canada. ASCOT RESOURCES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 28 people. Ascot Resources (AOT) is traded on Toronto Exchange in Canada and employs 141 people. Ascot Resources is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Ascot Resources Leadership Team

Elected by the shareholders, the Ascot Resources' board of directors comprises two types of representatives: Ascot Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ascot. The board's role is to monitor Ascot Resources' management team and ensure that shareholders' interests are well served. Ascot Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ascot Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lawrence PGeo, Senior Geologist
Fan PGeo, Senior Geologist
Bryant Schwengler, VP GM
William Bennett, Independent Director
Jody Harris, Corporate Secretary
Kenneth Carter, Independent Director
Hong CPA, Chief Officer
David PEng, Vice Communications
Carol Li, Chief Financial Officer
Donald Njegovan, Independent Director
John Kiernan, Chief Operating Officer
Lawrence Tsang, Geologist
Robert Evans, Director
Andree StGermain, Independent Director
James Stypula, Independent Director
Richard Zimmer, Non-Executive Independent Chairman of the Board
Lars Beggerow, Vice Exploration
Derek White, President, Chief Executive Officer
Bill Bennett, Director
Kristina Howe, Vice Relations
CA BASc, President CEO

Ascot 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 Ascot Resources 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 Ascot Resources

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 Ascot Resources 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 Ascot Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Ascot Stock

  0.39EBM Eastwood Bio MedicalPairCorr
The ability to find closely correlated positions to Ascot Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascot Resources 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 Ascot Resources - 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 Ascot Resources to buy it.
The correlation of Ascot Resources 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 Ascot Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascot 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 Ascot Resources 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 Ascot Stock

Ascot Resources financial ratios help investors to determine whether Ascot 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 Ascot with respect to the benefits of owning Ascot Resources security.