Mario Szotlender - Atico Mining Independent Director

ATY Stock  CAD 0.20  0.01  4.76%   

Director

Mr. Mario D. Szotlender is an Independent Director of Atico Mining Corporationration He holds a degree in international relations and is fluent in several languages. He has directed Latin American affairs for numerous private and public companies over the past 20 years, specializing in developing new business opportunities and establishing relations within the investment community. He was involved in various mineral exploration and development joint ventures in Central and South America, including heading several mineral operations in Venezuela, such as Las Cristinas in the 1980s. He was President of Mena Resources Inc., until it was purchased by Rusoro Mining Ltd., of which he was also President. In addition to being a Director of Fortuna Silver Mines Inc., Mr. Szotlender is also a Director of Radius Gold Inc., Endeavour Silver Corporationration, Focus Ventures Ltd., Iron Creek Capital Corporationration, and Magellan Minerals Ltd. since 2011.
Age 57
Tenure 13 years
Address 543 Granville Street, Vancouver, BC, Canada
Phone604-633-9022
Webhttps://www.aticomining.com

Atico Mining Management Efficiency

The company has return on total asset (ROA) of (0.0253) % which means that it has lost $0.0253 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0905) %, meaning that it generated substantial loss on money invested by shareholders. Atico Mining's management efficiency ratios could be used to measure how well Atico Mining manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to -0.05 in 2024. Return On Capital Employed is likely to climb to -0.05 in 2024. At this time, Atico Mining's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to climb to about 784 K in 2024, whereas Non Current Assets Total are likely to drop slightly above 65.6 M in 2024.
The company has accumulated 19.96 M in total debt with debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. Atico Mining 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 Atico Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Atico Mining'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 Atico Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Atico to invest in growth at high rates of return. When we think about Atico Mining's use of debt, we should always consider it together with cash and equity.

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Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company was incorporated in 2010 and is headquartered in Vancouver, Canada. ATICO MINING operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange. Atico Mining (ATY) is traded on TSX Venture Exchange in Canada and employs 18 people. Atico Mining is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Atico Mining Leadership Team

Elected by the shareholders, the Atico Mining's board of directors comprises two types of representatives: Atico Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atico. The board's role is to monitor Atico Mining's management team and ensure that shareholders' interests are well served. Atico Mining'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, Atico Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
Luis Saenz, Director
Christina Cepeliauskas, CFO
Michael Winn, Director
Joseph BSc, Senior Manager
Jorge Aicardi, President, Director
Jorge BSc, VP Director
PEng Eng, President
Bill Tsang, Chief Financial Officer
Jonathon Goodman, Director
Fernando Ganoza, Chief Executive Officer, Director
Mario Szotlender, Independent Director
Jorge Durant, Chairman of the Board
Alain Bureau, Director
Igor Dutina, Corporate Executive
Luis Durant, Non-Executive Chairman of the Board
Joseph Salas, Exploration Mang
Thomas Kelly, Chief Operating Officer
Kim Casswell, Corporate Secretary

Atico 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 Atico Mining 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.
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 Atico Mining 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, Atico Mining's short interest history, or implied volatility extrapolated from Atico Mining options trading.

Pair Trading with Atico Mining

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 Atico Mining 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 Atico Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atico Stock

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Moving against Atico Stock

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The ability to find closely correlated positions to Atico Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atico Mining 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 Atico Mining - 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 Atico Mining to buy it.
The correlation of Atico Mining 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 Atico Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atico Mining 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 Atico Mining 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Atico Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Atico Mining's price analysis, check to measure Atico Mining'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 Atico Mining is operating at the current time. Most of Atico Mining's value examination focuses on studying past and present price action to predict the probability of Atico Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atico Mining's price. Additionally, you may evaluate how the addition of Atico Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Atico Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atico Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atico Mining'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.