Michael Dorfman - Dundee Precious Executive Vice President - Corporate Development

DPM Stock  CAD 13.12  0.01  0.08%   

President

Mr. Michael Ryan Dorfman is a Senior Vice President Corporationrationrate Development of Dundee Precious Metals Inc since 2019.
Age 45
Tenure 5 years
Address 150 King Street West, Toronto, ON, Canada, M5H 1J9
Phone416 365 5191
Webhttps://dundeeprecious.com
Dorfman who, prior to April 2011, was Director, Investment Banking, Stonecap Securities, an independent investment bank; and, prior to March 2009, was Vice President, Investment Banking, Thomas Weisel Partners, an independent investment bank.

Dundee Precious Management Efficiency

The company has return on total asset (ROA) of 0.094 % which means that it generated a profit of $0.094 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1821 %, meaning that it generated $0.1821 on every $100 dollars invested by stockholders. Dundee Precious' management efficiency ratios could be used to measure how well Dundee Precious manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.16. Also, Return On Capital Employed is likely to grow to 0.17. At this time, Dundee Precious' Intangibles To Total Assets are very stable compared to the past year. As of the 29th of November 2024, Fixed Asset Turnover is likely to grow to 1.27, while Total Assets are likely to drop about 782.6 M.
Dundee Precious Metals has accumulated 12.53 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Dundee Precious Metals has a current ratio of 1.9, which is within standard range for the sector. Debt can assist Dundee Precious until it has trouble settling it off, either with new capital or with free cash flow. So, Dundee Precious' 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 Dundee Precious Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dundee to invest in growth at high rates of return. When we think about Dundee Precious' use of debt, we should always consider it together with cash and equity.

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Dundee Precious Metals Inc., a gold mining company, engages in the acquisition of mineral properties, exploration, development, mining, and processing of precious metals. The company was founded in 1983 and is headquartered in Toronto, Canada. DUNDEE PRECIOUS operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 2063 people. Dundee Precious Metals (DPM) is traded on Toronto Exchange in Canada and employs 28 people. Dundee Precious is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Dundee Precious Metals Leadership Team

Elected by the shareholders, the Dundee Precious' board of directors comprises two types of representatives: Dundee Precious inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dundee. The board's role is to monitor Dundee Precious' management team and ensure that shareholders' interests are well served. Dundee Precious' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Dundee Precious' outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter Nixon, Independent Director
Richard Gosse, Senior Vice President - Exploration
Iliya Garkov, Vice President and Managing Director, Bulgaria
Kelly StarkAnderson, Executive Vice President, Corporate Affairs, General Counsel and Corporate Secretary
Zebra Kasete, Vice President and Managing Director of Dundee Precious Metals Tsumeb
Donald Young, Independent Director
Jeremy Kinsman, Independent Director
Nikolay Hristov, Senior Vice President - Sustainable Business Development
Jennifer Cameron, Director Relations
LLB BA, General Affairs
Jonathan Goodman, Executive Chairman of the Board
Matthieu Risgallah, Vice President - Technology
Navindra Dyal, Executive Officer
MSc DeCooman, Executive Development
Kelly LLB, General Affairs
Mark Crawley, Vice President - Commercial Affairs
Alex Wilson, Vice President of Human Resources
MarieAnne Tawil, Independent Director
Anthony Walsh, Independent Director
Hume Kyle, Chief Financial Officer, Executive Vice President
Paul Ivascanu, General Exploration
Juanita Montalvo, Independent Director
David Rae, Chief Operating Officer, Executive Vice President, Director
Michael Dorfman, Executive Vice President - Corporate Development
Jaimie Donovan, Director
Mirco Nolte, Vice President Operational Excellence
Sylvia Chen, VP Controller
R Gillin, Lead Independent Director

Dundee 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 Dundee Precious 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 Dundee Precious

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 Dundee Precious 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 Dundee Precious will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dundee Stock

  0.65AG First Majestic SilverPairCorr
  0.74ORE Orezone Gold CorpPairCorr

Moving against Dundee Stock

  0.49BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to Dundee Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dundee Precious 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 Dundee Precious - 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 Dundee Precious Metals to buy it.
The correlation of Dundee Precious 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 Dundee Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dundee Precious Metals 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 Dundee Precious 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

Other Information on Investing in Dundee Stock

Dundee Precious financial ratios help investors to determine whether Dundee 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 Dundee with respect to the benefits of owning Dundee Precious security.