Mark Brennan - Ascendant Resources Chairman of the Board
| ASND Stock | CAD 0.04 0.01 20.00% |
Chairman
Mr. Mark Peter Brennan is Chairman of the Board of Morumbi Resources Inc. He was President and Chief Executive Officer of Sierra Metals Inc. since April 2015. He was the President and Chief Executive Officer of Largo Resources Ltd., a public mining corporation listed on the TSXV, from March 2005 to March 2015. He is the CoFounder of Brasoil do Brasil Exploracao Petrolifera S.A., a private oil and gas producing exploration Corporation in Brazil. In addition, he was President of Linear Capital Corporationrationration, a private merchant bank, since February 1998, Founder and Chairman of Castle Resources Inc. and a director of James Bay Resources Limited since November 2007. since 2012.
| Age | 60 |
| Tenure | 13 years |
| Address | 200 Bay Street, Toronto, ON, Canada, M5J 2J2 |
| Phone | 647 805 5662 |
| Web | https://www.ascendantresources.com |
Ascendant Resources Management Efficiency
The company has return on total asset (ROA) of (0.1294) % which means that it has lost $0.1294 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 2.3096 %, meaning that it generated $2.3096 on every $100 dollars invested by stockholders. Ascendant Resources' management efficiency ratios could be used to measure how well Ascendant Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of January 2025, Return On Equity is likely to grow to 0.61, while Return On Tangible Assets are likely to drop (0.68). At this time, Ascendant Resources' Other Current Assets are very stable compared to the past year. As of the 2nd of January 2025, Other Assets is likely to grow to about 1.2 M, while Total Assets are likely to drop about 19.1 M.Similar Executives
| Found 1 records | CHAIRMAN Age | ||
| Richard Warke | Solaris Resources | 65 | |
Management Performance
| Return On Equity | 2.31 | ||||
| Return On Asset | -0.13 |
Ascendant Resources Leadership Team
Elected by the shareholders, the Ascendant Resources' board of directors comprises two types of representatives: Ascendant Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ascendant. The board's role is to monitor Ascendant Resources' management team and ensure that shareholders' interests are well served. Ascendant 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, Ascendant Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| PMP PEng, VP Services | ||
| Sergio PGeo, Vice Exploration | ||
| Chris MacInnis, Director Resources | ||
| CPA CFA, Director Development | ||
| Michael CPIR, Vice Relations | ||
| Clifford HaleSanders, Executive Vice President | ||
| Joao MSc, President | ||
| MBA LLB, General VP | ||
| Mark Brennan, Chairman of the Board | ||
| David CFA, Bus VP |
Ascendant 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 Ascendant 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.
| Return On Equity | 2.31 | ||||
| Return On Asset | -0.13 | ||||
| Current Valuation | 34.01 M | ||||
| Shares Outstanding | 186.64 M | ||||
| Shares Owned By Insiders | 3.28 % | ||||
| Shares Owned By Institutions | 14.51 % | ||||
| Number Of Shares Shorted | 6.94 K | ||||
| Price To Earning | 12.50 X | ||||
| Price To Book | 6.10 X | ||||
| Price To Sales | 0.21 X |
Pair Trading with Ascendant 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 Ascendant 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 Ascendant Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ascendant Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascendant Resources 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 Ascendant Resources - 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 Ascendant Resources to buy it.
The correlation of Ascendant Resources 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 Ascendant Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascendant Resources 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 Ascendant Resources 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.Other Information on Investing in Ascendant Stock
Ascendant Resources financial ratios help investors to determine whether Ascendant Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ascendant with respect to the benefits of owning Ascendant Resources security.