Andrew West - Trilogy Metals Exploration Mang
| TMQ Stock | CAD 1.58 0.02 1.28% |
Insider
Andrew West is Exploration Mang of Trilogy Metals
| Address | 510 Burrard Street, Vancouver, BC, Canada, V6C 3A8 |
| Phone | 604 638 8088 |
| Web | https://www.trilogymetals.com |
Trilogy Metals Management Efficiency
The company has return on total asset (ROA) of (0.0286) % which means that it has lost $0.0286 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0729) %, meaning that it generated substantial loss on money invested by shareholders. Trilogy Metals' management efficiency ratios could be used to measure how well Trilogy Metals 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 -0.1. In addition to that, Return On Capital Employed is likely to drop to -0.05. At this time, Trilogy Metals' Non Current Assets Total are very stable compared to the past year. As of the 22nd of December 2024, Other Current Assets is likely to grow to about 338.4 K, while Total Assets are likely to drop about 84.1 M.Similar Executives
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Management Performance
| Return On Equity | -0.0729 | ||||
| Return On Asset | -0.0286 |
Trilogy Metals Leadership Team
Elected by the shareholders, the Trilogy Metals' board of directors comprises two types of representatives: Trilogy Metals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trilogy. The board's role is to monitor Trilogy Metals' management team and ensure that shareholders' interests are well served. Trilogy Metals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Trilogy Metals' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andrew West, Exploration Mang | ||
| Sanders CA, CFO VP |
Trilogy 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 Trilogy Metals 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 | -0.0729 | ||||
| Return On Asset | -0.0286 | ||||
| Current Valuation | 217.62 M | ||||
| Shares Outstanding | 160.9 M | ||||
| Shares Owned By Insiders | 18.60 % | ||||
| Shares Owned By Institutions | 46.40 % | ||||
| Number Of Shares Shorted | 2.25 K | ||||
| Price To Book | 1.31 X | ||||
| Gross Profit | (2.61 M) | ||||
| EBITDA | (7.08 M) |
Pair Trading with Trilogy Metals
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 Trilogy Metals 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 Trilogy Metals will appreciate offsetting losses from the drop in the long position's value.Moving against Trilogy Stock
| 0.87 | ORE | Orezone Gold Corp | PairCorr |
| 0.86 | INFM | Infinico Metals Corp | PairCorr |
| 0.7 | TKU | Tarku Resources | PairCorr |
| 0.36 | KDA | KDA Group | PairCorr |
The ability to find closely correlated positions to Trilogy Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trilogy Metals 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 Trilogy Metals - 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 Trilogy Metals to buy it.
The correlation of Trilogy Metals 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 Trilogy Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trilogy Metals 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 Trilogy Metals 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Trilogy Metals. 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 Trilogy Stock, please use our How to Invest in Trilogy Metals guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.