David McSweeney - Aspire Mining Non-Executive Independent Chairman of the Board
Chairman
Mr. David Leslie McSweeney, LLB, MAICD, has served as NonExecutive Independent Chairman of the Board of ASPIRE MINING LIMITED, since February 12, 2010 since 2010.
| Tenure | 14 years |
| Phone | 61 8 9287 4555 |
| Web | http://www.aspiremininglimited.com |
Aspire Mining Management Efficiency
The company has return on total asset (ROA) of (5.66) % which means that it has lost $5.66 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (8.61) %, meaning that it generated substantial loss on money invested by shareholders. Aspire Mining's management efficiency ratios could be used to measure how well Aspire Mining manages its routine affairs as well as how well it operates its assets and liabilities.The company has accumulated 2.4 M in total debt. Aspire Mining Limited has a current ratio of 234.22, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Aspire Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Aspire 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 Aspire Mining Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aspire to invest in growth at high rates of return. When we think about Aspire Mining's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -8.61 | |||
| Return On Asset | -5.66 |
Aspire Mining Limited Leadership Team
Elected by the shareholders, the Aspire Mining's board of directors comprises two types of representatives: Aspire Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aspire. The board's role is to monitor Aspire Mining's management team and ensure that shareholders' interests are well served. Aspire 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, Aspire Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Neil Lithgow, Non-Executive Director | ||
| David Paull, CEO, Managing Director, Executive Director | ||
| Alexander Passmore, Non-Executive Director | ||
| Alex Passmore, Non-Executive Director | ||
| Philip Rundell, CFO, Company Secretary | ||
| Boldbaatar BatAmgalan, Non-Executive Director | ||
| Hannah Badenach, Non-Executive Director | ||
| Sado Turbat, Non-Executive Director | ||
| David McSweeney, Non-Executive Independent Chairman of the Board | ||
| AchitErdene Darambazar, Non-Executive Director | ||
| GanOchir Zunduisuren, Director |
Aspire Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Aspire 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.
| Return On Equity | -8.61 | |||
| Return On Asset | -5.66 | |||
| Current Valuation | 10.15 M | |||
| Shares Outstanding | 2.53 B | |||
| Shares Owned By Insiders | 73.17 % | |||
| Price To Earning | (5.00) X | |||
| Price To Book | 0.83 X | |||
| Revenue | 3.14 K | |||
| Gross Profit | (1.05 M) | |||
| EBITDA | (2.88 M) |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aspire Mining in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aspire Mining's short interest history, or implied volatility extrapolated from Aspire Mining options trading.
Pair Trading with Aspire 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 Aspire 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 Aspire Mining will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to WW Grainger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WW Grainger 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 WW Grainger - 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 WW Grainger to buy it.
The correlation of WW Grainger 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 WW Grainger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WW Grainger 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 WW Grainger 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Aspire OTC Stock
If you are still planning to invest in Aspire Mining Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aspire Mining's history and understand the potential risks before investing.
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