Ruben Wallin - Detour Gold Vice President - Environment and Sustainability

President

Mr. Ruben Wallin serves as Vice President Environment and Sustainability of the Company. Mr. Wallin is an environmental engineer with over 25 years of experience in the global mining industry. He has participated in the exploration, feasibility, construction, operation and closure stages of numerous mining projects. Mr. Wallin has expertise in environmental impact assessment, approvals and permitting as well as Aboriginal consultation. His most recent positions were Director Safety, Health, Environment and Community for Yamana Gold Inc. and Vice President Environment and Sustainable Development for Osisko Mining Corporationration Mr. Wallin also held Directorlevel positions with Barrick Gold Corporationration from 2010 to 2013 and IAMGOLD Corporation from 2009 to 2010. Prior to this, he worked at DeBeers Canada Inc., Cambior Inc. and Placer Dome Canada Ltd. During his time at Placer Dome Canada Ltd., he was responsible for managing environmental issues at the former Detour Lake Mine from 1990 to 1994 since 2015.
Tenure 9 years
Phone416-304-0800
Webhttp://www.detourgold.com
Wallin received his Masters of Geological Engineering from the University of British Columbia. He also holds a BS in Environmental Engineering and a BS in Microbiology.

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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Detour Gold Corporation, a gold mining company, engages in the acquisition, exploration, development, and operation of mineral properties in Canada. As of January 31, 2020, Detour Gold Corporation operates as a subsidiary of Kirkland Lake Gold Ltd. DETOUR GOLD operates under Gold classification in USA and is traded on BATS Exchange. It employs 1001 people. Detour Gold [DRGDF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

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.

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 Textron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Textron 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 Textron - 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 Textron to buy it.
The correlation of Textron 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 Textron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Textron 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 Textron 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 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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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