Peter Virsik - ESSA Pharma COO, Executive Vice President

EPIX Stock  USD 6.25  0.15  2.34%   

President

Mr. Peter Virsik is Chief Operating Officer, Executive Vice President of the Company. Prior to joining Essa, Mr. Virsik served as senior vicepresident, corporate development, for XenoPort, leading licensing, strategy, new product planning and alliance management for the company. During his tenure at XenoPort, Mr. Virsik played an integral role in the licensing and commercialization of Horizant . Prior to XenoPort, Mr. Virsik worked for Gilead Sciences from 2000 through 2005 in corporate development, where he was involved in building Gilead HIV franchise through the acquisition of Triangle Pharmaceuticals and the licensing of Vitekta . Before joining Gilead, Mr. Virsik worked at J.P. Morgan in the biotechnology equity research group and as a consultant for Ernst and Young. Mr. Virsik began his career in research and development at Genentech. since 2016.
Tenure 8 years
Address 999 West Broadway, Vancouver, BC, Canada, V5Z 1K5
Phone778 331 0962
Webhttps://www.essapharma.com

Latest Insider Transactions

2024-04-05Disposed of 694 shares @ 7.94View
2024-03-05Disposed of 694 shares @ 8.98View
2024-01-16Disposed of 1718 shares @ 10.01View
2024-01-05Disposed of 699 shares @ 6.11View

Peter Virsik Latest Insider Activity

Tracking and analyzing the buying and selling activities of Peter Virsik against ESSA Pharma stock is an integral part of due diligence when investing in ESSA Pharma. Peter Virsik insider activity provides valuable insight into whether ESSA Pharma is net buyers or sellers over its current business cycle. Note, ESSA Pharma insiders must abide by specific rules, including filing SEC forms every time they buy or sell ESSA Pharma'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

ESSA Pharma Management Efficiency

The company has return on total asset (ROA) of (0.1287) % which means that it has lost $0.1287 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1705) %, meaning that it created substantial loss on money invested by shareholders. ESSA Pharma's management efficiency ratios could be used to measure how well ESSA Pharma manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.17 in 2024. Return On Capital Employed is likely to drop to -0.17 in 2024. At this time, ESSA Pharma's Total Assets are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 201.8 M in 2024, whereas Other Current Assets are likely to drop slightly above 639.6 K in 2024.
The company currently holds 80.33 K in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. ESSA Pharma has a current ratio of 42.56, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist ESSA Pharma until it has trouble settling it off, either with new capital or with free cash flow. So, ESSA Pharma'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 ESSA Pharma sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ESSA to invest in growth at high rates of return. When we think about ESSA Pharma's use of debt, we should always consider it together with cash and equity.

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ESSA Pharma Inc., a clinical stage pharmaceutical company, focuses on developing novel and proprietary therapies for the treatment of prostate cancer. ESSA Pharma Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada. Essa Pharma is traded on NASDAQ Exchange in the United States. ESSA Pharma (EPIX) is traded on NASDAQ Exchange in USA. It is located in 999 West Broadway, Vancouver, BC, Canada, V5Z 1K5 and employs 50 people. ESSA Pharma is listed under Biotechnology category by Fama And French industry classification.

Management Performance

ESSA Pharma Leadership Team

Elected by the shareholders, the ESSA Pharma's board of directors comprises two types of representatives: ESSA Pharma inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ESSA. The board's role is to monitor ESSA Pharma's management team and ensure that shareholders' interests are well served. ESSA Pharma'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, ESSA Pharma's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Wood, CFO
Erin Rudsinski, Executive
CMA CPA, Chief Officer
Gary Sollis, Independent Director
Neil Thapar, Executive
Marianne Sadar, Chief Scientific Officer and Director
Franklin Berger, Independent Director
Alessandra MD, Chief Officer
Frank Perabo, Chief Medical Officer
Erica Osbourne, Executive
Steve Pondell, Executive
Raymond Andersen, Chief Technical Officer, Secretary and Director
Terry Schuenemeyer, Executive
David Parkinson, Independent Director
Richard Glickman, Independent Chairman of the Board
MS MBA, Executive COO
Nkengyal Barber, Executive
Scott Requadt, Director
Peter Virsik, COO, Executive Vice President
Otello Stampacchia, Director
Chandtip Chandhasin, Executive
Loleta Harris, Executive
David MD, CEO and President and Director

ESSA 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 ESSA Pharma 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 ESSA Pharma 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, ESSA Pharma's short interest history, or implied volatility extrapolated from ESSA Pharma options trading.

Pair Trading with ESSA Pharma

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 ESSA Pharma 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 ESSA Pharma will appreciate offsetting losses from the drop in the long position's value.

Moving against ESSA Stock

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The ability to find closely correlated positions to ESSA Pharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ESSA Pharma 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 ESSA Pharma - 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 ESSA Pharma to buy it.
The correlation of ESSA Pharma 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 ESSA Pharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ESSA Pharma 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 ESSA Pharma 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
When determining whether ESSA Pharma offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESSA Pharma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Essa Pharma Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Essa Pharma Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Pharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy ESSA Stock please use our How to Invest in ESSA Pharma guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running ESSA Pharma's price analysis, check to measure ESSA Pharma'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 ESSA Pharma is operating at the current time. Most of ESSA Pharma's value examination focuses on studying past and present price action to predict the probability of ESSA Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESSA Pharma's price. Additionally, you may evaluate how the addition of ESSA Pharma to your portfolios can decrease your overall portfolio volatility.
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Is ESSA Pharma's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESSA Pharma. If investors know ESSA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESSA Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
Return On Assets
(0.13)
Return On Equity
(0.17)
The market value of ESSA Pharma is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Pharma's value that differs from its market value or its book value, called intrinsic value, which is ESSA Pharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESSA Pharma's market value can be influenced by many factors that don't directly affect ESSA Pharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESSA Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Pharma'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.