Michael Harrison - Corsa Coal Independent Chairman of the Board
| CSO Stock | CAD 0.33 0.02 5.71% |
Chairman
Mr. Michael J. Harrison serves as an Independent Director of Corsa Coal Corporationrationsince 2011. He is Vice President, Corporationrationrate Development of Coeur dAlene Mines Corporation since March 2011. Mr. Harrison has over 15 years of capital markets and mining industry experience. Prior to joining Coeur dAlene, Mr. Harrison was a Director of Investment Banking at Cormark Securities and also worked internationally for BHP Billiton in their exploration division since 2013.
| Tenure | 11 years |
| Professional Marks | MBA |
| Address | 1576 Stoystown Road, Friedens, PA, United States, 15541 |
| Phone | 724 754 0028 |
| Web | https://www.corsacoal.com |
Corsa Coal Management Efficiency
The company has return on total asset (ROA) of 0.1078 % which means that it generated a profit of $0.1078 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3202 %, meaning that it generated $0.3202 on every $100 dollars invested by stockholders. Corsa Coal's management efficiency ratios could be used to measure how well Corsa Coal manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.13 in 2024. Return On Capital Employed is likely to climb to 0.14 in 2024. At this time, Corsa Coal's Total Current Assets are fairly stable compared to the past year. Other Current Assets is likely to climb to about 3.3 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 148.2 M in 2024.Management Performance
| Return On Equity | 0.32 | ||||
| Return On Asset | 0.11 |
Corsa Coal Corp Leadership Team
Elected by the shareholders, the Corsa Coal's board of directors comprises two types of representatives: Corsa Coal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Corsa. The board's role is to monitor Corsa Coal's management team and ensure that shareholders' interests are well served. Corsa Coal'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, Corsa Coal's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Alan Death, Independent Director | ||
| Robert Scott, Independent Director | ||
| Keith Dyke, President of Central Appalachia Division | ||
| Corbin Robertson, Chairman, Independent Director | ||
| Kenneth Lund, Vice President - Administration, General Counsel | ||
| Matt Schicke, Chief Commercial Officer | ||
| Ronald Stovash, Independent Director | ||
| Robert Sturdivant, Director | ||
| Fred Cushmore, Vice President and Head of International Sales | ||
| Kevin Harrigan, CFO, Corporate Secretary | ||
| Daniel Smith, Independent Director | ||
| Arthur Einav, Director | ||
| Kai Xia, Director | ||
| John Craig, Independent Director | ||
| George Dethlefsen, CEO, Director and Chairman of Compensation Committee | ||
| Michael Harrison, Independent Chairman of the Board | ||
| Daniel Bonacci, CFO Secretary | ||
| Joseph Gallo, Sr. VP of Northern Appalachia Division |
Corsa 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 Corsa Coal 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 | 0.32 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.47 % | ||||
| Current Valuation | 46.62 M | ||||
| Shares Outstanding | 103.8 M | ||||
| Shares Owned By Insiders | 17.02 % | ||||
| Number Of Shares Shorted | 16.4 K | ||||
| Price To Earning | 15.00 X | ||||
| Price To Book | 0.31 X |
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 Corsa Coal 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, Corsa Coal's short interest history, or implied volatility extrapolated from Corsa Coal options trading.
Pair Trading with Corsa Coal
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 Corsa Coal 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 Corsa Coal will appreciate offsetting losses from the drop in the long position's value.Moving against Corsa Stock
| 0.67 | XOM | EXXON MOBIL CDR | PairCorr |
| 0.65 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.53 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.52 | WMT | Walmart Inc CDR | PairCorr |
| 0.52 | GOOG | Alphabet CDR | PairCorr |
The ability to find closely correlated positions to Corsa Coal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corsa Coal 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 Corsa Coal - 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 Corsa Coal Corp to buy it.
The correlation of Corsa Coal 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 Corsa Coal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corsa Coal Corp 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 Corsa Coal 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 Corsa Coal Corp. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Corsa Stock analysis
When running Corsa Coal's price analysis, check to measure Corsa Coal'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 Corsa Coal is operating at the current time. Most of Corsa Coal's value examination focuses on studying past and present price action to predict the probability of Corsa Coal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsa Coal's price. Additionally, you may evaluate how the addition of Corsa Coal to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |