Rene Marion - Continental Gold Director
Director
Mr. Rene L. Marion is Director of Continental Gold Limited. Mr. Marion is a senior corporate executive with diversified management and technical experience and extensive resource industry expertise in operations, mineral exploration, and mine development. He has a successful history of corporate development, including global merger and acquisition evaluations, development and feasibility studies. Formerly President, CEO and Director of AuRico Gold Inc. from 2007 to 2012, Mr. Marion oversaw the acquisition and development of AuRico flagship YoungDavidson Mine, and built AuRico into one of the Top 40 Mining Companies . Prior to AuRico, he held several senior positions with Barrick Gold Inc. for over 14 years, including Regional VicePresident in Russia and Central Asia, VicePresident Technical Services, and VicePresident and General Manager of Kahama Mining. He is currently a member of the board of directors of Richmont Mines Inc., Guyana Goldfields Inc., and Temex Resources Corp since 2015.
| Age | 53 |
| Tenure | 9 years |
| Phone | 416-583-5610 |
| Web | http://www.continentalgold.com |
Continental Gold Management Efficiency
The company has return on total asset (ROA) of (1.12) % which means that it has lost $1.12 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (18.07) %, meaning that it generated substantial loss on money invested by shareholders. Continental Gold's management efficiency ratios could be used to measure how well Continental Gold manages its routine affairs as well as how well it operates its assets and liabilities.The company has accumulated 388.17 M in total debt with debt to equity ratio (D/E) of 248.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Continental Gold has a current ratio of 1.44, which is within standard range for the sector. Debt can assist Continental Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Continental Gold'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 Continental Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Continental to invest in growth at high rates of return. When we think about Continental Gold's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -18.07 | |||
| Return On Asset | -1.12 |
Continental Gold Leadership Team
Elected by the shareholders, the Continental Gold's board of directors comprises two types of representatives: Continental Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Continental. The board's role is to monitor Continental Gold's management team and ensure that shareholders' interests are well served. Continental Gold'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, Continental Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kenneth Thomas, Director | ||
| Guillermo Salgado, Vice President - Environment | ||
| Ari Sussman, CEO and President Director and Member of Community and Gov. Relations Committee | ||
| Mateo Villegas, Executive Vice President | ||
| Paul Begin, CFO | ||
| Paul Murphy, Independent Director | ||
| Julian Gonzalez, Vice President - Sustainability | ||
| Claudia Jimenez, Director | ||
| Jairo Ariza, Vice President - Protection | ||
| Rene Marion, Director | ||
| Donald Gray, COO | ||
| Timothy Warman, Independent Director | ||
| Leon Teicher, Executive Chairman, Chairman of Community and Gov. Relations Committee, Member of Health, Safety and Environmental Committee and Member of Audit Committee | ||
| Mauricio Castaneda, Vice President - Exploration | ||
| Leon Grauman, Director |
Continental Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Continental Gold 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.
| Return On Equity | -18.07 | |||
| Return On Asset | -1.12 | |||
| Current Valuation | 1.15 B | |||
| Shares Outstanding | 214.16 M | |||
| Price To Earning | (38.49) X | |||
| Price To Book | 5.34 X | |||
| EBITDA | (11.69 M) | |||
| Net Income | (46.67 M) | |||
| Cash And Equivalents | 72.24 M | |||
| Cash Per Share | 0.36 X |
Pair Trading with Continental Gold
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 Continental Gold 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 Continental Gold will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bank of America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of America 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 Bank of America - 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 Bank of America to buy it.
The correlation of Bank of America 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 Bank of America moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of America 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 Bank of America 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. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Continental OTC Stock
If you are still planning to invest in Continental Gold 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 Continental Gold's history and understand the potential risks before investing.
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