Kiran Patankar - Maple Gold Chief Officer

MGM Stock  CAD 0.06  0.01  9.09%   

Insider

Kiran Patankar is Chief Officer of Maple Gold Mines
Age 47
Address 1111 W Hastings St, Vancouver, BC, Canada, V6E 2J3
Phone647-265-8688
Webhttps://www.maplegoldmines.com

Maple Gold Management Efficiency

The company has return on total asset (ROA) of (0.5328) % which means that it has lost $0.5328 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.8943) %, meaning that it generated substantial loss on money invested by shareholders. Maple Gold's management efficiency ratios could be used to measure how well Maple Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to -1.47 in 2024. Return On Capital Employed is likely to climb to -2.35 in 2024. At this time, Maple Gold's Total Current Assets are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 21.6 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 258.6 K in 2024.
Maple Gold Mines has accumulated 276.42 K in total debt with debt to equity ratio (D/E) of 48.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Maple Gold Mines has a current ratio of 2.35, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Maple Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Maple 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 Maple Gold Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Maple to invest in growth at high rates of return. When we think about Maple Gold's use of debt, we should always consider it together with cash and equity.

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Maple Gold Mines Ltd. operates as a gold exploration company in Canada. Maple Gold Mines Ltd. was incorporated in 2010 and is based in Montreal, Canada. MAPLE GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange. Maple Gold Mines (MGM) is traded on TSX Venture Exchange in Canada and employs 6 people. Maple Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Maple Gold Mines Leadership Team

Elected by the shareholders, the Maple Gold's board of directors comprises two types of representatives: Maple Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Maple. The board's role is to monitor Maple Gold's management team and ensure that shareholders' interests are well served. Maple 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, Maple Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joness Lang, Ex VP
Matthew Hornor, President CEO, Director
Kiran Patankar, Chief Officer
Michael Rukus, Corporate CFO
Jocelyn Pelletier, Chief Geologist
Wilma Lee, Vice Secretary

Maple 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 Maple 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.

Pair Trading with Maple 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 Maple 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 Maple Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Maple Stock

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The ability to find closely correlated positions to Maple Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maple Gold 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 Maple Gold - 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 Maple Gold Mines to buy it.
The correlation of Maple Gold 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 Maple Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maple Gold 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 Maple Gold 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

Additional Tools for Maple Stock Analysis

When running Maple Gold's price analysis, check to measure Maple Gold'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 Maple Gold is operating at the current time. Most of Maple Gold's value examination focuses on studying past and present price action to predict the probability of Maple Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maple Gold's price. Additionally, you may evaluate how the addition of Maple Gold to your portfolios can decrease your overall portfolio volatility.