Robert Boaz - Gold79 Mines President CEO, Director
| AUU Stock | CAD 0.29 0.04 16.00% |
CEO
Mr. Robert G. Boaz, M. Economics, Hon. BA, is President, Chief Executive Officer and Director of Aura Silver Resources Inc., since April 1, 2008. Mr. Boaz has 18 years in the investment banking business after a career in the power and natural gas industry, working in management positions for Ontario Hydro, Saskatchewan Power and Consumers Gas. He has held senior management positions in a number of firms in the investment industry with direct responsibilities related to research, portfolio management, institutional sales and investment banking. From 2004 to March 2006, Mr. Boaz was Managing Director Investment Banking with Raymond James Ltd. in Toronto. From 2000 to 2004 Mr. Boaz was Vice President and Head of Research and inhouse portfolio strategist for Dundee Securities Corporationrationration. Mr. Boaz is a director of Andor Mining Inc., Renaissance Gold Inc. and Caracara Silver Inc. Mr. Boaz was formerly chair of the board of directors of Southern Andes Energy Inc. and was formerly a director of UrEnergy Inc. since 2008.
| Tenure | 16 years |
| Address | , Manotick, ON, Canada, K4M 1A3 |
| Phone | (403) 870-1166 |
| Web | https://www.gold79mines.com |
Gold79 Mines Management Efficiency
The company has return on total asset (ROA) of (0.0572) % which means that it has lost $0.0572 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1031) %, meaning that it generated substantial loss on money invested by shareholders. Gold79 Mines' management efficiency ratios could be used to measure how well Gold79 Mines manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.1 in 2024. Return On Capital Employed is likely to climb to -0.14 in 2024. At this time, Gold79 Mines' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 5.4 M in 2024, whereas Total Current Assets are likely to drop slightly above 421.9 K in 2024. Aura Resources Inc. engages in the identification, acquisition, evaluation, and exploration of precious metal deposits in North America. The company was formerly known as Aura Silver Resources Inc. and changed its name to Aura Resources Inc. in November 2018. AURA RESOURCES is traded on TSX Venture Exchange in Canada. Gold79 Mines (AUU) is traded on TSX Venture Exchange in Canada and employs 10 people. Gold79 Mines is listed under Diversified Metals & Mining category by Fama And French industry classification.Management Performance
| Return On Equity | -0.1 | ||||
| Return On Asset | -0.0572 |
Gold79 Mines Leadership Team
Elected by the shareholders, the Gold79 Mines' board of directors comprises two types of representatives: Gold79 Mines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gold79. The board's role is to monitor Gold79 Mines' management team and ensure that shareholders' interests are well served. Gold79 Mines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gold79 Mines' outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Franklin, Independent Director | ||
| Nicholas Tintor, Independent Chairman of the Board | ||
| Eric Craigie, Director | ||
| BSc PGeo, Ex Chairman | ||
| John McNeice, CFO, Corporate Secretary | ||
| Robert Boaz, President CEO, Director | ||
| William Boberg, Independent Director | ||
| MBA MBA, CEO Pres | ||
| Robert Johansing, Director | ||
| Alain Vachon, Vice President - Exploration |
Gold79 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 Gold79 Mines 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 Gold79 Mines
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 Gold79 Mines 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 Gold79 Mines will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Gold79 Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold79 Mines 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 Gold79 Mines - 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 Gold79 Mines to buy it.
The correlation of Gold79 Mines 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 Gold79 Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold79 Mines 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 Gold79 Mines 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gold79 Mines. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Gold79 Stock analysis
When running Gold79 Mines' price analysis, check to measure Gold79 Mines' 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 Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.
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