James Gowans - Detour Gold Director
Director
Mr. James K. Gowans is Chairman of the Board of the Company. Mr. Gowans has more than 30 years of experience in mineral exploration, mine feasibility studies, mine construction and commissioning, and the development of best practices in mine safety, operations and economic performance improvements. He has extensive mining knowledge and perspective on the importance of corporate social responsibility and brings human resources experience. Until its recently closed 1.3billion acquisition by South32 Ltd., Mr. Gowans served as president and chief executive officer of Arizona Mining Inc. He was with Barrick Gold Corporationration as senior adviser to the chairman from August to December, 2015, copresident from July, 2014, to August, 2015, and executive vicepresident and chief operating officer from January to July, 2014. From 2011 to 2014, Mr. Gowans was the managing director of Debswana Diamond Company Ltd., and prior to that he held executive positions at various companies, including De Beers SA, De Beers Canada Inc., PT Inco in Indonesia and Placer Dome Inc. He spent nearly 19 years with Cominco Ltd.Teck Cominco Ltd. involved in the construction of the Polaris and Red Dog zinc mines, as well as the Con gold mine and Vanscoy potash mine. Mr. Gowans previously served as the president of the Canadian Institute of Mining, Metallurgy and Petroleum, the chair of the board of the Mining Association of Canada, and a director of the Conference board of Canada. He currently serves on the boards of directors of Cameco Ltd. and New Gold Inc., as well as Gedex Technologies Inc., an innovative geophysics systems company since 2018.
| Age | 65 |
| Tenure | 6 years |
| Phone | 416-304-0800 |
| Web | http://www.detourgold.com |
Detour Gold Management Efficiency
The company has return on total asset (ROA) of 3.26 % which means that it generated a profit of $3.26 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on equity (ROE) of 0.49 %, meaning that it generated $0.49 on every $100 dollars invested by stockholders. Detour Gold's management efficiency ratios could be used to measure how well Detour Gold manages its routine affairs as well as how well it operates its assets and liabilities.The company has accumulated 111.7 M in total debt with debt to equity ratio (D/E) of 5.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Detour Gold has a current ratio of 2.02, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Detour Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Detour Gold'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 Detour Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Detour to invest in growth at high rates of return. When we think about Detour Gold's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 0.49 | |||
| Return On Asset | 3.26 |
Detour Gold Leadership Team
Elected by the shareholders, the Detour Gold's board of directors comprises two types of representatives: Detour Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Detour. The board's role is to monitor Detour Gold's management team and ensure that shareholders' interests are well served. Detour Gold'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, Detour Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Derek Teevan, Senior Vice President - Aboriginal and Governmental Affairs | ||
| Dawn Whittaker, Director | ||
| Alexander Morrison, Independent Director | ||
| Christopher Robison, Director | ||
| Lisa Colnett, Director | ||
| Alan Edwards, Director | ||
| Jean Metail, Vice President - Reserves and Resources | ||
| Judy Kirk, Director | ||
| Alex Morrison, Independent Director | ||
| Paul Martin, President CEO, Director | ||
| Andre Falzon, Independent Director | ||
| Ronald Simkus, Director | ||
| Rachel Pineault, Vice President - Human Resources and Northern Affairs | ||
| Michael McMullen, CEO, Director | ||
| Ingrid Hibbard, Independent Director | ||
| Frazer Bourchier, COO | ||
| Charles Hennessey, Mine General Manager | ||
| James Gowans, Director | ||
| Steven Feldman, Director | ||
| Edward Dowling, Director | ||
| Graham Wozniak, Independent Director | ||
| J Kenyon, Chairman of the Board | ||
| Laurie Gaborit, Director Investor Relations | ||
| William Williams, Interim CEO | ||
| Pierre Beaudoin, COO (Medical Leave of Absence) | ||
| James Mavor, CFO | ||
| Ruben Wallin, Vice President - Environment and Sustainability | ||
| Jonathan Rubenstein, Independent Director | ||
| Drew Anwyll, Vice President - Operations | ||
| Dale Ekmark, Vice President - Mine, General Manager | ||
| Michael Kenyon, Chairman of the Board | ||
| Julie Galloway, Senior Vice President General Counsel, Corporate Secretary | ||
| Robert Doyle, Lead Director |
Detour 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 Detour Gold 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 | 0.49 | |||
| Return On Asset | 3.26 | |||
| Profit Margin | 1.20 % | |||
| Operating Margin | 16.03 % | |||
| Current Valuation | 3.13 B | |||
| Shares Outstanding | 177.4 M | |||
| Price To Earning | 343.14 X | |||
| Price To Book | 1.53 X | |||
| Price To Sales | 3.79 X | |||
| Revenue | 823.5 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 Detour Gold 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, Detour Gold's short interest history, or implied volatility extrapolated from Detour Gold options trading.
Pair Trading with Detour Gold
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 Detour Gold 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 Detour Gold will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Monument Circle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monument Circle 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 Monument Circle - 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 Monument Circle Acquisition to buy it.
The correlation of Monument Circle 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 Monument Circle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Monument Circle Acqu 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 Monument Circle 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 unemployment. Note that the Detour Gold information on this page should be used as a complementary analysis to other Detour Gold'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in Detour Pink Sheet
If you are still planning to invest in Detour Gold 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 Detour Gold's history and understand the potential risks before investing.
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