Chester See - Lundin Gold Senior Finance

LUG Stock  CAD 31.92  1.07  3.24%   

Executive

Mr. Chester See is redesignated as Vice President Finance of Lundin Gold Inc. Effective July 1, 2016 since 2016.
Tenure 8 years
Address 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8
Phone604 689 7842
Webhttps://www.lundingold.com
See has held positions of increasing responsibility in a number of publicly traded companies, including three years at Western Coal Corporationrationration, where he served as Manager, Financial Reporting & Treasury at the time of its $3.3 billion acquisition by Walter Energy Ltd. in 2011. From 2011 to 2013, Mr. See served as Financial Controller for Lucara Diamond Corporation Prior to his involvement in the mining industry, Mr. See spent three years in public accounting with PricewaterhouseCoopers working with a diverse client base both in Canada and internationally. He is a graduate of the University of British Columbia with a Bachelor of Commerce and is a member of the Institute of Chartered Accountants of British Columbia. In addition to Fortress, Mr. See serves as CFO for NGEx Resources Inc.

Lundin Gold Management Efficiency

The company has return on total asset (ROA) of 0.2203 % which means that it generated a profit of $0.2203 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2935 %, meaning that it generated $0.2935 on every $100 dollars invested by stockholders. Lundin Gold's management efficiency ratios could be used to measure how well Lundin Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 13th of December 2024, Return On Tangible Assets is likely to grow to 0.13. Also, Return On Capital Employed is likely to grow to 0.36. At this time, Lundin Gold's Return On Tangible Assets are very stable compared to the past year. As of the 13th of December 2024, Return On Assets is likely to grow to 0.13, while Other Assets are likely to drop about 18 M.
Lundin Gold has accumulated 216.62 M in total debt with debt to equity ratio (D/E) of 127.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Lundin Gold has a current ratio of 5.24, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Lundin Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Lundin Gold's 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 Lundin Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lundin to invest in growth at high rates of return. When we think about Lundin Gold's use of debt, we should always consider it together with cash and equity.

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The company holds interests in 30 mining concessions covering an area of approximately 64,406 hectares located in Southeast Ecuador. Lundin Gold Inc. was incorporated in 1986 and is headquartered in Vancouver, Canada. LUNDIN GOLD operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 1645 people. Lundin Gold (LUG) is traded on Toronto Exchange in Canada and employs 13 people. Lundin Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Lundin Gold Leadership Team

Elected by the shareholders, the Lundin Gold's board of directors comprises two types of representatives: Lundin Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lundin. The board's role is to monitor Lundin Gold's management team and ensure that shareholders' interests are well served. Lundin Gold'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, Lundin Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Iliana Rodriguez, VP HR
Sheila LLB, Vice Secretary
Nathan Monash, Vice President - Business Sustainability
Alessandro Bitelli, CFO, Executive Vice President - Finance
Christopher Kololian, Chief Officer
Andre Oliveira, VP Exploration
Sheila Colman, Vice President - Legal, Corporate Secretary
David Dicaire, GM Projects
Brendan Creaney, Vice Relations
Chester See, Senior Finance
Finlay Heppenstall, Director Development
Andre PGeo, Vice Exploration
Terrence PEng, Chief Officer

Lundin 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 Lundin Gold 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 Lundin Gold

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 Lundin Gold 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 Lundin Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lundin Stock

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Moving against Lundin Stock

  0.47INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Lundin Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lundin Gold 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 Lundin Gold - 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 Lundin Gold to buy it.
The correlation of Lundin Gold 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 Lundin Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lundin Gold 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 Lundin Gold 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 Lundin Stock

Lundin Gold financial ratios help investors to determine whether Lundin 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 Lundin with respect to the benefits of owning Lundin Gold security.