Luc Lessard - Osisko Gold Senior Vice President - Technical Services

OR Stock  CAD 27.35  0.22  0.81%   

President

Mr. Luc Lessard serves as a Senior Vice President Technical Services of Company. Mr. Luc Lessard is a mining engineer with more than 30 years of experience designing, building and operating mines. He is President, Chief Executive Officer and Director of Falco. He was previously Chief Operating Officer of Canadian Malartic GP, and prior to that was the Chief Operating Officer and Senior Vice President of Engineering and Construction for Osisko Mining Corporation where he was responsible for the design, construction and commissioning of the Canadian Malartic gold mine. During his career, Mr. Lessard has worked on many open pit and underground mine builds and prior to Osisko, Mr. Lessard was Vice President of Engineering and Construction for IAMGOLD Corporation and General Manager, Projects for Cambior Inc. From July 2014 to May 2016, he served on the boards of directors of Alio Gold Inc. and Highland . Mr. Lessard was Chief Operating Officer of Barkerville until October 2018 and currently serves on the board of directors of Osisko Metals Incorporated and Nighthawk Gold Corporationration Mr. Lessard holds a B.Sc. Mining Engineering from Universit Laval and he is a member of lOrdre des ingnieurs du Qubec.
Age 52
Address 1100 Avenue des Canadiens-de-MontrEal, Montreal, QC, Canada, H3B 2S2
Phone514 940 0670
Webhttps://www.osiskogr.com
Lessard is President and Chief Executive Officer of Falco Resources Ltd. and Chief Operating Officer of Barkerville Gold Mines Ltd. He sits on the Board of Directors of Bowmore Exploration Ltd., Timmins Gold Corporationrationration, Nighthawk Gold Corporation and Highland Copper Company Inc.

Osisko Gold Management Efficiency

The company has return on total asset (ROA) of 0.0228 % which means that it generated a profit of $0.0228 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0323) %, meaning that it generated substantial loss on money invested by shareholders. Osisko Gold's management efficiency ratios could be used to measure how well Osisko Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 4th of December 2024, Return On Capital Employed is likely to grow to 0.05, though Return On Tangible Assets are likely to grow to (0.02). At this time, Osisko Gold's Total Assets are very stable compared to the past year. As of the 4th of December 2024, Intangible Assets is likely to grow to about 1.9 B, while Non Current Assets Total are likely to drop about 1.8 B.
Osisko Gold Ro has accumulated 199.88 M in total debt with debt to equity ratio (D/E) of 0.27, which may suggest the company is not taking enough advantage from borrowing. Osisko Gold Ro has a current ratio of 3.13, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Osisko Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Osisko 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 Osisko Gold Ro sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Osisko to invest in growth at high rates of return. When we think about Osisko Gold's use of debt, we should always consider it together with cash and equity.

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Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Osisko Gold Royalties Ltd is headquartered in Montreal, Canada. OSISKO GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. Osisko Gold Ro (OR) is traded on Toronto Exchange in Canada and employs 29 people. Osisko Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Osisko Gold Ro Leadership Team

Elected by the shareholders, the Osisko Gold's board of directors comprises two types of representatives: Osisko Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Osisko. The board's role is to monitor Osisko Gold's management team and ensure that shareholders' interests are well served. Osisko 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, Osisko Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Benoit CPA, B VP
Iain Farmer, Vice President Corporate Development
Andre Bel, Vice President - Legal Affairs and Corporate Secretary
Charles Page, Independent Director
PEng CPENG, Vice Engineering
Christopher Curfman, Independent Director
Sean Eng, Founder Emeritus
Sandeep Singh, President
Francois Vezina, Vice President - Technical Services
William John, Independent Director
Benoit Brunet, Vice President Business Strategy
BEng CFA, VP Devel
Francoise Bertrand, Independent Director
Pierre Labbe, Independent Director
John Baird, Independent Director
Sean Roosen, Chairman of the Board, Chief Executive Officer
Grant PEng, Vice Markets
Joanne Ferstman, Lead Independent Director
Vincent Metcalfe, Vice President - Investor Relations
John Burzynski, Independent Director
Sandeep MBA, CEO Pres
Michael Spencer, Chief Limited
Heather BA, Vice Communications
Joseph Plante, Vice President - Corporate Development
BSc BScA, VP Sec
Luc Lessard, Senior Vice President - Technical Services
Angelina Mehta, Director
Murray John, Director
Frederic Ruel, Chief Financial Officer, Vice President - Finance, Corporate Controller

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

Moving together with Osisko Stock

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Moving against Osisko Stock

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The ability to find closely correlated positions to Osisko 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 Osisko 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 Osisko 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 Osisko Gold Ro to buy it.
The correlation of Osisko 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 Osisko Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osisko Gold Ro 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 Osisko 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
When determining whether Osisko Gold Ro is a strong investment it is important to analyze Osisko Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Osisko Gold's future performance. For an informed investment choice regarding Osisko Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Gold Ro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Please note, there is a significant difference between Osisko Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Osisko Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Osisko Gold's 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.