Mark Bailey - Entree Resources Non-Executive Independent Chairman of the Board

ETG Stock  CAD 2.22  0.15  6.33%   

Chairman

Dr. Mark H. Bailey is NonExecutive Chairman of the Board of the Company. Dr. Michael Pricehas joined the Entre Board as an independent director. Dr. Price has over 35 years of experience in mining and mining finance. He is currently a NonExecutive Director of Eldorado Gold Corporationration and Asanko Gold Inc., and is the London Representative of Resource Capital Funds. During his career, Dr. Price has served as Managing Director, Joint Global Head of Mining and Metals, Barclays Capital, Managing Director, Global Head of Mining and Metals, Societe Generale and Head of Resource Banking and Metals Trading, NM Rothschild and Sons since 2018.
Age 70
Tenure 6 years
Professional MarksPh.D
Address 1066 West Hastings Street, Vancouver, BC, Canada, V6E 3X1
Phone604-687-4777
Webhttps://entreeresourcesltd.com
Price has B.Sc. and Ph.D. qualifications in Mining Engineering from University College Cardiff.

Entree Resources Management Efficiency

The company has return on total asset (ROA) of (0.4743) % which means that it has lost $0.4743 on every $100 spent on assets. This is way below average. Entree Resources' management efficiency ratios could be used to measure how well Entree Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 11th of December 2024, Return On Equity is likely to grow to 0.0002, while Return On Tangible Assets are likely to drop (0). At this time, Entree Resources' Net Current Asset Value is very stable compared to the past year. As of the 11th of December 2024, Debt To Assets is likely to grow to 1.79, while Total Assets are likely to drop about 6.9 M.
Entree Resources has accumulated 12.76 M in total debt with debt to equity ratio (D/E) of 31.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Entree Resources has a current ratio of 40.75, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Entree Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Entree 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 Entree Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Entree to invest in growth at high rates of return. When we think about Entree Resources' use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

CHAIRMAN Age

BA CARed Pine Exploration
63
Entre Resources Ltd., an exploration stage company, engages in the exploration of mineral resource properties located in Mongolia, Peru, Australia, and Canada. Entre Resources Ltd. was founded in 1995 and is headquartered in Vancouver, Canada. ENTREE RESOURCES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 5 people. Entree Resources (ETG) is traded on Toronto Exchange in Canada and employs 16 people. Entree Resources is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Entree Resources Leadership Team

Elected by the shareholders, the Entree Resources' board of directors comprises two types of representatives: Entree Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Entree. The board's role is to monitor Entree Resources' management team and ensure that shareholders' interests are well served. Entree 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, Entree Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
James Harris, Non-Executive Independent Deputy Chairman of the Board
Robert Cann, Vice President - Exploration
Robert Cinits, Vice President-Corporate Development
CAP CPA, CEO President
Stephen Scott, President, Chief Executive Officer, Executive Director
Susan McLeod, Vice President - Legal Affairs, Corporate Secretary
Lindsay Bottomer, Vice President - Business Development, Director
Mark Bailey, Non-Executive Independent Chairman of the Board
CPA CAP, CEO Pres
Alan Edwards, Independent Director
Duane Lo, Interim Chief Financial Officer
H Howard, Advisor
Mona Forster, Executive Vice President
Michael Price, Independent Director
Gorden Glenn, Independent Director
Anna Stylianides, Independent Director

Entree 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 Entree 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.

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

Moving against Entree Stock

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The ability to find closely correlated positions to Entree 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 Entree 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 Entree 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 Entree Resources to buy it.
The correlation of Entree 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 Entree Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entree 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 Entree 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Entree Stock

Entree Resources financial ratios help investors to determine whether Entree 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 Entree with respect to the benefits of owning Entree Resources security.