Zhao Tong - Altura Mining Non-Executive Director

ALTAF Stock  USD 0  0.0001  5.00%   

Director

Mr. Zhao Tong was the NonExecutive Director of the Company. Mr Zhao Tong has over 25 years experience in the international trade of metals and minerals and has worked for China Shaanxi Metals and Minerals International Trade Co. Ltd. Mr Tong was the Director of the Lithium Division of JR Optimum since October 2016. He was appointed a Director in March 2017.
Phone61 4 2959 6535
Webhttps://www.morellacorp.com

Altura Mining Management Efficiency

The company has return on total asset (ROA) of (0.4203) % which means that it has lost $0.4203 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0327) %, meaning that it generated substantial loss on money invested by shareholders. Altura Mining's management efficiency ratios could be used to measure how well Altura Mining manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 3.35 M in total debt with debt to equity ratio (D/E) of 0.62, which is about average as compared to similar companies. Altura Mining Limited has a current ratio of 1.62, which is within standard range for the sector. Debt can assist Altura Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Altura Mining'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 Altura Mining Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altura to invest in growth at high rates of return. When we think about Altura Mining's use of debt, we should always consider it together with cash and equity.

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Morella Corporation Limited, an exploration and resource development company, focuses on the exploration and development of lithium and battery minerals in Australia and the United States. Morella Corporation Limited was incorporated in 2000 and is based in West Perth, Australia. Morella Corp operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. Altura Mining Limited [ALTAF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Altura Mining Limited Leadership Team

Elected by the shareholders, the Altura Mining's board of directors comprises two types of representatives: Altura Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Altura. The board's role is to monitor Altura Mining's management team and ensure that shareholders' interests are well served. Altura Mining'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, Altura Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dan ONeill, Non-Executive Director
James Brown, CEO, Managing Director and Director
Zhao Tong, Non-Executive Director
Phil Robinson, COO
Damon Cox, Company Secretary
Allan Buckler, Non-Executive Director
Paul Mantell, Executive Director
Beng Kuan, Non-Executive Director
Noel Young, Group Financial Controller and Company Secretary
John Lewis, Company Sec
Chris Evans, General Manager of Operations

Altura Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Altura Mining 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 Altura Mining

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 Altura Mining 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 Altura Mining will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Altura Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altura Mining 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 Altura Mining - 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 Altura Mining Limited to buy it.
The correlation of Altura Mining 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 Altura Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altura Mining Limited 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 Altura Mining 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altura Mining Limited. 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.
Note that the Altura Mining Limited information on this page should be used as a complementary analysis to other Altura Mining's 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Altura Mining's price analysis, check to measure Altura Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altura Mining is operating at the current time. Most of Altura Mining's value examination focuses on studying past and present price action to predict the probability of Altura Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altura Mining's price. Additionally, you may evaluate how the addition of Altura Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Altura Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altura Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altura Mining'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.