Andre Niekerk - Golden Star CFO and Executive VP

CFO

Mr. P. Andre van Niekerk serves as Chief Financial Officer, Executive Vice President of Golden Star Resources Ltd. Mr. Niekerk joined Golden Star in 2006. Mr. van Niekerk spent close to five years in Ghana as the head of finance and business operations, after which he was transferred to the corporate office to assume the role of Vice President Controller. In April of 2014 Mr. van Niekerk was appointed to the role of Executive Vice President Chief Financial Officer . While based in Ghana, Mr. van Niekerk was Vice Chairman of the Ghanaian Chamber of Mines Energy Committee and a member of the Chamber of Mines Finance Committee. Prior to joining Golden Star, Mr. van Niekerk spent six years with KPMG serving clients in the mining and oil and gas industries. Mr. van Niekerk was the Executive Vice President and Chief Financial Officer for Golden Star for more than four years. since 2014.
Age 41
Tenure 10 years
Phone416-583-3800
Webhttps://www.gsr.com
Niekerk joined Golden Star in 2006 and was in the role of Executive Vice President and Chief Financial Officer since April 2014. Since he took this role, he was responsible for several transformative financial transactions as the Company transitions to low cost high margin underground producer. He was appointed Executive Vice President and Chief Financial Officer of the Company in April 2014. In this role, André has overseen several transformative financial transactions as the Company transitioned to becoming a higher margin lower cost producer. Prior to his current role, André spent almost five years in Ghana as the Head of Finance and Business Operations, after which he was transferred back to the corporate office to take the role of VicePresident & Controller. While based in Ghana, André was Vice Chairman of the Ghanaian Chamber of Mines Energy Committee and a member of the Chamber of Mines Finance Committee

Golden Star Management Efficiency

The company has Return on Asset of 13.67 % which means that on every $100 spent on assets, it made $13.67 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 0.41 %, implying that it generated $0.41 on every 100 dollars invested. Golden Star's management efficiency ratios could be used to measure how well Golden Star manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 115.78 M in debt with debt to equity (D/E) ratio of 3.7, meaning that the company heavily relies on borrowing funds for operations. Golden Star Resources has a current ratio of 1.41, which is typical for the industry and considered as normal. Debt can assist Golden Star until it has trouble settling it off, either with new capital or with free cash flow. So, Golden Star'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 Golden Star Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Golden to invest in growth at high rates of return. When we think about Golden Star's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 6 records

CFO Age

Bret EckertAtmos Energy
47
Michael KennedyAntero Midstream Partners
49
Kristopher MoldovanVistra Energy Corp
51
Michael GiannettoSonos Inc
54
Brendan KruegeAntero Midstream Partners
N/A
Ryan HymelPlaya Hotels Resorts
42
Golden Star Resources Ltd. operates as a gold mining and exploration company. The company was incorporated in 1992 and is headquartered in Toronto, Canada. Golden Star operates under Gold classification in the United States and is traded on NYSEMKT Exchange. Golden Star Resources (GSS) is traded on NYSE MKT Exchange in USA and employs 652 people.

Management Performance

Golden Star Resources Leadership Team

Elected by the shareholders, the Golden Star's board of directors comprises two types of representatives: Golden Star inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Golden. The board's role is to monitor Golden Star's management team and ensure that shareholders' interests are well served. Golden Star'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, Golden Star's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anu Dhir, Independent Director
Tony Jensen, Independent Director
Martin Raffield, Sr. VP of Operations, Project Devel. and Technical Services
Daniel Owiredu, COO, Executive Vice President
KarimMichel Nasr, Independent Director
Samuel Coetzer, CEO and President and Non-Independent Director
Katharine Sutton, Director - Investor Relations & Corporate Affairs
Andrew Wray, Chief Executive Officer, Director
Andre Niekerk, CFO and Executive VP
S Wasel, Vice President - Exploration
Angela Parr, Director - Investor Relations and Corporate Affairs
Bruce HigsonSmith, Senior Vice President - Corporate Strategy
Craig Nelsen, Independent Director
Graham Crew, Chief Operating Officer, Executive Vice President
Timothy Baker, Non-Executive Independent Chairman of the Board
Robert Vallis, Senior Vice President Corporate Development
Nathalie Haddad, Executive Vice President Head of People
Mona Quartey, Independent Director
Philipa Varris, Executive Vice President Head of Sustainability
William Yeates, Independent Director
Mitchel Wasel, Vice President - Exploration
P Niekerk, Chief Financial Officer, Executive Vice President
Tania Shaw, Vice President Investor Relations and Corporate Affairs
Karen Walsh, Vice President - People and Organizational Development
Gilmour Clausen, Independent Director
Andr Niekerk, CFO, Executive Vice President
Paul Thomson, Chief Financial Officer, Executive Vice President
Ani Markova, Independent Director
Robert Doyle, Independent Director
Peter Spora, Executive Vice President - Growth & Exploration

Golden 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 Golden Star 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 Risk vs Return Analysis 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 state.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Consideration for investing in Golden Stock

If you are still planning to invest in Golden Star Resources 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 Golden Star's history and understand the potential risks before investing.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.