Peter Howard - Empire Resources Managing Director

Managing Director

Mr. Peter G. Howard serves as director of Empire Resources Inc. since September 1999. He was a director since September 1999. He was the managing director of Empire Resources Pacific Ltd since its inception in 1996. From 1961 to 1995 Mr. Howard held various positions within the aluminum industry the most recent of which was divisional general manager of Comalco Rolled Products a unit of Comalco Aluminum Ltd. an aluminum producer. Mr. Howard brings to the board extensive experience with our company and our industry. Since he is responsible for and familiar with our Australian operations he brings important insights into our performance and strategy to board discussions. since 1999.
Age 78
Tenure 25 years
Phone201-944-2200
Webhttp://www.empireresources.com

Empire Resources Management Efficiency

The company has Return on Asset of 0.0204 % which means that on every $100 spent on assets, it made $0.0204 of profit. This is way below average. Empire Resources' management efficiency ratios could be used to measure how well Empire Resources manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 154.53 M in debt with debt to equity (D/E) ratio of 2.27, meaning that the company heavily relies on borrowing funds for operations. Empire Resources has a current ratio of 1.29, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Debt can assist Empire Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Empire 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 Empire Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Empire to invest in growth at high rates of return. When we think about Empire Resources' use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 3 records

MANAGING DIRECTOR Age

Julie StewartUnited Airlines Holdings
N/A
Michael LeskinenUnited Airlines Holdings
N/A
Jonathan IrelandUnited Airlines Holdings
N/A
Empire Resources, Inc. purchases, sells, and distributes semifinished aluminum and steel solutions in the Americas, Europe, Australia, and New Zealand. Empire Resources (ERS) is traded on NASDAQ Exchange in USA and employs 60 people.

Management Performance

Empire Resources Leadership Team

Elected by the shareholders, the Empire Resources' board of directors comprises two types of representatives: Empire Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Empire. The board's role is to monitor Empire Resources' management team and ensure that shareholders' interests are well served. Empire 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, Empire Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jack Bendheim, Independent Director
Morris Smith, Independent Director
Sandra Kahn, CFO, Principal Accounting Officer, VP, Treasurer, Secretary, Director, Secretary of Empire Pacific, Treasurer of Empire Pacific and Director of Empire Pacific
Douglas Kass, Independent Director
Peter Howard, Director and Managing Director of Empire Resources Pacific Ltd
Nathan Mazurek, Independent Director
William Spier, Independent Non-Executive Chairman of the Board
Harvey Wrubel, VP of Sales, Director of Marketing and Director
Nathan Kahn, CEO and President Director and President of Empire Resources Pacific Ltd and Director of Empire Resources Pacific Ltd

Empire 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 Empire 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.
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 Empire Resources 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, Empire Resources' short interest history, or implied volatility extrapolated from Empire Resources options trading.

Pair Trading with Empire 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 Empire 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 Empire Resources will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to First Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Solar 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 First Solar - 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 First Solar to buy it.
The correlation of First Solar 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 First Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Solar 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 First Solar 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Other Consideration for investing in Empire Stock

If you are still planning to invest in Empire Resources 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 Empire Resources' history and understand the potential risks before investing.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios