David Loveys - Aurion Resources CFO, Corporate Secretary, Director

AU Stock  CAD 0.70  0.01  1.41%   

Director

Mr. David R. Loveys is Director of the Company. His experience was primarily with Canadian publicly traded companies operating in the domestic and international markets. He has held senior financial positions with CHC Helicopter Corporationrationration, the NewTel Group of Companies and is actively involved with Canadian Junior Exploration Companies, currently holding senior financial positions with Cornerstone Capital Resources Inc. and New Island Resources Inc.. David has a Bachelor of Commerce Degree from Memorial University of Newfoundland and qualified as a Chartered Accountant in 1981. He completed the Investment Dealers Association of Canada, Canadian Securities Course in 1987. since 2018.
Tenure 6 years
Address 120 Torbay Road, St. John?s, NF, Canada, A1A 2G8
Phone709 722 4128
Webhttps://www.aurionresources.com

Aurion Resources Management Efficiency

The company has return on total asset (ROA) of (0.0432) % which means that it has lost $0.0432 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1183) %, meaning that it created substantial loss on money invested by shareholders. Aurion Resources' management efficiency ratios could be used to measure how well Aurion Resources manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.07 in 2024. Return On Capital Employed is likely to climb to -0.08 in 2024. At this time, Aurion Resources' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 59.9 M in 2024, whereas Debt To Assets are likely to drop 0.0004 in 2024.
The company currently holds 23.03 K in liabilities with Debt to Equity (D/E) ratio of 0.4, which is about average as compared to similar companies. Aurion Resources has a current ratio of 13.63, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Aurion Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Aurion Resources' 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 Aurion Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aurion to invest in growth at high rates of return. When we think about Aurion Resources' use of debt, we should always consider it together with cash and equity.

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Aurion Resources Ltd., an exploration company, acquires and explores mineral properties. Aurion Resources Ltd. was incorporated in 2006 and is based in St. AURION RESOURCES operates under Gold classification in Canada and is traded on TSX Venture Exchange. Aurion Resources (AU) is traded on TSX Venture Exchange in Canada and employs 15 people. Aurion Resources is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Aurion Resources Leadership Team

Elected by the shareholders, the Aurion Resources' board of directors comprises two types of representatives: Aurion Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aurion. The board's role is to monitor Aurion Resources' management team and ensure that shareholders' interests are well served. Aurion Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aurion Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Matti Talikka, Director
Dennis Clarke, Independent Director
BA LLB, Gen Director
CA CFA, Chief Officer
Mark Serdan, Chief Financial Officer
Michael Basha, President, Chief Executive Officer, Director
CFA CPA, Chief Officer
Richard Graham, Independent Director
Brian MBA, Chief Corp
Lisa Hodge, Controller
Matti MSc, CEO Director
David Lotan, Non-Executive Chairman of the Board
David Loveys, CFO, Corporate Secretary, Director
Diana Mark, Corporate Secretary
PEng PGeo, Technical Advisor

Aurion 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 Aurion Resources 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 Aurion Resources

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 Aurion Resources 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 Aurion Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aurion Stock

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The ability to find closely correlated positions to Aurion Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurion Resources 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 Aurion Resources - 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 Aurion Resources to buy it.
The correlation of Aurion Resources 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 Aurion Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurion Resources 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 Aurion Resources 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 Aurion Resources. 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.
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Please note, there is a significant difference between Aurion Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurion Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurion Resources' 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.