Andrew Adams - First Quantum Independent Director

FM Stock  CAD 15.52  0.41  2.57%   

Director

Mr. Andrew B. Adams serves as Independent Director of First Quantum Minerals Ltd. Outside Directorships in past five years NonExecutive Director of Torex Gold Resources Inc., and TMAC Resources Inc. His Experience include B.A in Social Science from Southampton University. Qualified as a Chartered Accountant ., Worked for the Anglo American group of companies for 12 years, including Vice President and Chief Financial Officer of AngloGold North America., Vice President and Chief Financial Officer Aber Diamond Corporationrationration., Currently, an independent nonexecutive Director of Torex Gold Resources and TMAC Resources Inc. since 2005.
Age 62
Tenure 19 years
Address 1133 Melville Street, Vancouver, BC, Canada, V6E 4E5
Phone416 361 6400
Webhttps://www.first-quantum.com
Adams obtained his B.A in Social Science from Southampton University and then qualified as a chartered accountant in the United Kingdom in 1981. He has over 20 years of financial experience in the mining industry, and served as Chief Financial Officer of Aber Diamond Corporationration from 1999 to 2003 and Chief Financial Officer of Anglo Gold North America from 1995 to 1999. He is also currently Chairman of the Audit Committee of Uranium One Inc. and Gleichen Resources Ltd.

First Quantum Management Efficiency

The company has return on total asset (ROA) of 0.028 % which means that it generated a profit of $0.028 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.108) %, meaning that it generated substantial loss on money invested by shareholders. First Quantum's management efficiency ratios could be used to measure how well First Quantum manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of April 2024, Return On Tangible Assets is likely to grow to -0.04. In addition to that, Return On Capital Employed is likely to drop to 0. At this time, First Quantum's Asset Turnover is very stable compared to the past year.
The company has accumulated 967 M in total debt with debt to equity ratio (D/E) of 0.96, which is about average as compared to similar companies. First Quantum Minerals has a current ratio of 1.01, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist First Quantum until it has trouble settling it off, either with new capital or with free cash flow. So, First Quantum'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 First Quantum Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Quantum's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

John CraigLundin Mining
72
Pertti VoutilainenAgnico Eagle Mines
76
Leanne BakerAgnico Eagle Mines
66
Jacqueline AllisonHudBay Minerals
N/A
Livia MahlerIvanhoe Mines
59
Igor GonzalesHudBay Minerals
64
Dale PeniukLundin Mining
59
Martine CelejAgnico Eagle Mines
53
Charles RussellIvanhoe Mines
79
Catherine StefanLundin Mining
67
Jamie SokalskyAgnico Eagle Mines
61
Kgalema MotlantheIvanhoe Mines
69
Carla NawrockiHudBay Minerals
N/A
William LamarqueIvanhoe Mines
59
Tadeu CarneiroIvanhoe Mines
59
William HaydenIvanhoe Mines
67
Michael WaitesHudBay Minerals
61
Sarah KavanaghHudBay Minerals
62
Bernard KraftAgnico Eagle Mines
83
Alan LencznerHudBay Minerals
74
Peter JonesLundin Mining
71
First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties. First Quantum Minerals Ltd. was incorporated in 1983 and is headquartered in Toronto, Canada. FIRST QUANTUM operates under Copper classification in Canada and is traded on Toronto Stock Exchange. It employs 20000 people. First Quantum Minerals (FM) is traded on Toronto Exchange in Canada and employs 26 people. First Quantum is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

First Quantum Minerals Leadership Team

Elected by the shareholders, the First Quantum's board of directors comprises two types of representatives: First Quantum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Quantum's management team and ensure that shareholders' interests are well served. First Quantum'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, First Quantum's outside directors are responsible for providing unbiased perspectives on the board's policies.
G Newall, President Director
Rudi Badenhorst, Chief Officer
Sarah Robertson, Corporate Secretary
Juliet Wall, General Manager - Finance
Hannes Meyer, Chief Financial Officer
Zenon Wozniak, Director - Projects
Kathleen Hogenson, Independent Director
Sharon Loung, Director - Investor Relations
David deVries, Gen Plc
Peter George, Lead Independent Director
Clive Newall, President Director
Simon MacLean, Group Controller
Andrew Adams, Independent Director
Martin Schady, Director
Robert Harding, Lead Independent Director
Ryan CFA, Chief Officer
Simon Scott, Independent Director
Christopher Lemon, General Counsel and Corporate Secretary
Anthony Pascall, CEO Director
Joanne Warner, Independent Director
Philip Pascall, Executive Chairman of the Board, Chief Executive Officer
Paul Brunner, Independent Director
Bonita To, Director Relations
Martin Rowley, Executive Director of Bus. Devel., Executive Director and Member of Funding Committee
Wyatt Buck, Director - Operations
John BSc, Group Mining

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Quantum 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Quantum Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for First Stock analysis

When running First Quantum's price analysis, check to measure First Quantum'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 First Quantum is operating at the current time. Most of First Quantum's value examination focuses on studying past and present price action to predict the probability of First Quantum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Quantum's price. Additionally, you may evaluate how the addition of First Quantum to your portfolios can decrease your overall portfolio volatility.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Please note, there is a significant difference between First Quantum's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Quantum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Quantum'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.