Karen Winkler - Golden Minerals Director Secretary
| AUMN Stock | CAD 0.14 0.01 6.67% |
Director
Karen Winkler is Director Secretary of Golden Minerals
| Address | 350 Indiana Street, Golden, CO, United States, 80401 |
| Phone | 303-839-5060 |
| Web | https://www.goldenminerals.com |
Golden Minerals Management Efficiency
The company has return on total asset (ROA) of (0.4417) % which means that it has lost $0.4417 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (4.9548) %, meaning that it generated substantial loss on money invested by shareholders. Golden Minerals' management efficiency ratios could be used to measure how well Golden Minerals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of December 2024, Return On Tangible Assets is likely to drop to -0.65. In addition to that, Return On Capital Employed is likely to drop to -1.04. At this time, Golden Minerals' Fixed Asset Turnover is very stable compared to the past year. As of the 22nd of December 2024, Asset Turnover is likely to grow to 1.58, while Total Assets are likely to drop about 14.2 M.Similar Executives
| Found 5 records | DIRECTOR Age | ||
| Diane Garrett | Tristar Gold | 59 | |
| Carlos Vilhena | Tristar Gold | N/A | |
| Brian Irwin | Tristar Gold | N/A | |
| Leendert Krol | Tristar Gold | N/A | |
| Quinton Hennigh | Tristar Gold | 45 | |
Management Performance
| Return On Equity | -4.95 | ||||
| Return On Asset | -0.44 |
Golden Minerals Leadership Team
Elected by the shareholders, the Golden Minerals' board of directors comprises two types of representatives: Golden Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Golden. The board's role is to monitor Golden Minerals' management team and ensure that shareholders' interests are well served. Golden 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, Golden Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joe Dwyer, CFO Controller | ||
| Karen Winkler, Director Secretary | ||
| Warren Rehn, CEO President | ||
| John Galassini, Chief Officer | ||
| P Castanos, Executive Peesident | ||
| Julie Weedman, CFO VP |
Golden 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 Golden 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 | -4.95 | ||||
| Return On Asset | -0.44 | ||||
| Operating Margin | (2.67) % | ||||
| Current Valuation | (471.64 K) | ||||
| Shares Outstanding | 15.05 M | ||||
| Shares Owned By Insiders | 3.38 % | ||||
| Shares Owned By Institutions | 8.78 % | ||||
| Number Of Shares Shorted | 2.53 K | ||||
| Price To Book | 9.48 X | ||||
| Price To Sales | 0.72 X |
Pair Trading with Golden 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 Golden 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 Golden Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Golden Stock
| 0.69 | AG | First Majestic Silver | PairCorr |
| 0.82 | IE | Ivanhoe Energy | PairCorr |
| 0.72 | FDY | Faraday Copper Corp | PairCorr |
Moving against Golden Stock
| 0.74 | QNC | Quantum Numbers | PairCorr |
| 0.71 | DBO | D Box Technologies | PairCorr |
| 0.68 | OM | Osisko Metals | PairCorr |
| 0.67 | AQN-PD | Algonquin Power Utilities | PairCorr |
| 0.66 | ENB-PH | Enbridge H Cum | PairCorr |
The ability to find closely correlated positions to Golden 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 Golden 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 Golden 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 Golden Minerals to buy it.
The correlation of Golden 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 Golden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden 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 Golden 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 Golden Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.