Jamie Levy - Pine Point President CEO, Director
CEO
Mr. Jamie Levy was appointed as President, Chief Executive Officer, Director of Darnley Bay Resources Ltd., effective January 31, 2013. Mr. Levy was involved in finance over a 20year career, beginning as a financial advisor and more recently as VicePresident of Pinetree Capital, an investment and VC firm focused on investing in early stage micro and smallcap resource companies. He is a director of Golden Tag Resources Ltd. since 2013.
| Tenure | 11 years |
| Phone | 416-862-7885 |
| Web | http://www.darnleybay.com |
Pine Point Management Efficiency
The company has return on total asset (ROA) of (514.86) % which means that it has lost $514.86 on every $100 spent on assets. This is way below average. Pine Point's management efficiency ratios could be used to measure how well Pine Point manages its routine affairs as well as how well it operates its assets and liabilities.The company has accumulated 108.66 K in total debt with debt to equity ratio (D/E) of 5.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Pine Point Mining has a current ratio of 3.05, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Pine Point until it has trouble settling it off, either with new capital or with free cash flow. So, Pine Point'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 Pine Point Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pine to invest in growth at high rates of return. When we think about Pine Point's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Asset | -514.86 |
Pine Point Mining Leadership Team
Elected by the shareholders, the Pine Point's board of directors comprises two types of representatives: Pine Point inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pine. The board's role is to monitor Pine Point's management team and ensure that shareholders' interests are well served. Pine Point'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, Pine Point's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Peter Telford, Independent Director | ||
| John Key, COO | ||
| Brian Jennings, Independent Director | ||
| Parviz Farsangi, Independent Director | ||
| Kerry Knoll, Non-Executive Chairman of the Board | ||
| Timothy Smith, Vice President - Operations | ||
| Donald Yamkowy, Independent Director | ||
| Halina McGregor, CFO | ||
| Patricia Mannard, CFO, Director | ||
| Judith Dudley, Vice President - Environment | ||
| Leon Prairie, Independent Director | ||
| Jamie Levy, President CEO, Director | ||
| Stephen Reford, CTO, Director |
Pine 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 Pine Point 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 Asset | -514.86 | |||
| Current Valuation | 21.93 M | |||
| Shares Outstanding | 151.16 M | |||
| Price To Earning | (1.51) X | |||
| Price To Book | 13.35 X | |||
| Gross Profit | (7.98 M) | |||
| Net Income | (11.82 M) | |||
| Cash And Equivalents | 2.4 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 108.66 K |
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 Pine Point 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, Pine Point's short interest history, or implied volatility extrapolated from Pine Point options trading.
Pair Trading with Pine Point
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 Pine Point 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 Pine Point will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to 3M could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 3M 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 3M - 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 3M Company to buy it.
The correlation of 3M 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 3M moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 3M Company 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 3M 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Pine Pink Sheet
If you are still planning to invest in Pine Point Mining 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 Pine Point's history and understand the potential risks before investing.
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