Joseph Montgomery - Almaden Minerals Independent Director

AAU Stock  USD 0.14  0.00  0.00%   

Director

Dr. Joseph Montgomery Ph.D. is an Independent Director of Almaden Minerals Ltd. since February 1 2002. He is a professional engineer registered with the Association of Professional Engineers and Geoscientists of B.C. He has over 40 years experience in the mineral industry primarily as a consultant in base and precious metals industrial metals and gemstones. He is President of Montgomery Consultants Ltd. and is on the Advisory Board of the Canadian Institute of Gemology. Mr. Montgomery also serves as a director of Infrastructure Materials Corporationration an industrial materials company listed on the US OTCBB and of Cosigo Resources Inc. a diamond and gold exploration company listed on the TSXV. He is a Registered Professional Engineer. He was the Director of Cosigo Resources Ltd. to 2014. since 2002.
Age 87
Tenure 22 years
Address 1333 Johnston Street, Vancouver, BC, Canada, V6H 3R9
Phone604 689 7644
Webhttps://www.almadenminerals.com

Almaden Minerals Management Efficiency

The company has Return on Asset of (0.9372) % which means that on every $100 spent on assets, it lost $0.9372. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.6563) %, meaning that it generated no profit with money invested by stockholders. Almaden Minerals' management efficiency ratios could be used to measure how well Almaden Minerals manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to -0.37 in 2024. Return On Assets is likely to gain to -4.75 in 2024. Non Current Liabilities Total is likely to gain to about 5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 672.3 K in 2024.
The company has 4.75 M in debt with debt to equity (D/E) ratio of 0.05, which may show that the company is not taking advantage of profits from borrowing. Almaden Minerals has a current ratio of 15.39, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Almaden Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Almaden Minerals' 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 Almaden Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Almaden to invest in growth at high rates of return. When we think about Almaden Minerals' use of debt, we should always consider it together with cash and equity.

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Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties. The company was incorporated in 1980 and is headquartered in Vancouver, Canada. Almaden Minerals operates under Gold classification in the United States and is traded on AMEX Exchange. It employs 8 people. Almaden Minerals (AAU) is traded on NYSE MKT Exchange in USA. It is located in 1333 Johnston Street, Vancouver, BC, Canada, V6H 3R9 and employs 8 people. Almaden Minerals is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Almaden Minerals Leadership Team

Elected by the shareholders, the Almaden Minerals' board of directors comprises two types of representatives: Almaden Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Almaden. The board's role is to monitor Almaden Minerals' management team and ensure that shareholders' interests are well served. Almaden 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, Almaden Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
William Worrall, Independent Director
James Poliquin, Chairman of the Board
Joseph Montgomery, Independent Director
Gerald Carlson, Independent Director
BCom MASc, Executive President
David Strang, Director
Laurence Morris, Vice President - Projects and Operations
PEng Eng, Founder Chairman
John McCleary, Lead Independent Director
Douglas McDonald, Vice President - Corporate Development
Korm Trieu, Chief Financial Officer
John Thomas, Vice President - Project Development
PEng MSc, CEO President
Morgan Poliquin, President, Chief Executive Officer, Director
Mark Brown, Independent Director
Elaine Ellingham, Independent Director
PGeol Eng, Advisor
Gerald Eng, Advisor

Almaden 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 Almaden 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.

Pair Trading with Almaden 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 Almaden 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 Almaden Minerals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Almaden 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 Almaden 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 Almaden 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 Almaden Minerals to buy it.
The correlation of Almaden 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 Almaden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almaden 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 Almaden 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.
Pair CorrelationCorrelation Matching
When determining whether Almaden Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Almaden Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Almaden Minerals Stock. Highlighted below are key reports to facilitate an investment decision about Almaden Minerals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Almaden Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Almaden Stock please use our How to Invest in Almaden Minerals guide.
Note that the Almaden Minerals information on this page should be used as a complementary analysis to other Almaden Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Almaden Minerals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Almaden Minerals. If investors know Almaden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Almaden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Return On Assets
(0.94)
Return On Equity
(1.66)
The market value of Almaden Minerals is measured differently than its book value, which is the value of Almaden that is recorded on the company's balance sheet. Investors also form their own opinion of Almaden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Almaden Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Almaden Minerals' market value can be influenced by many factors that don't directly affect Almaden Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Almaden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Almaden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almaden Minerals' 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.