Richard Parkhouse - Forsys Metals Director Relations
| FSY Stock | CAD 0.68 0.03 4.62% |
Director
Richard Parkhouse is Director Relations of Forsys Metals Corp
| Address | 20 Adelaide Street East, Toronto, ON, Canada, M5C 2T6 |
| Phone | 416 818 4035 |
| Web | https://www.forsysmetals.com |
Forsys Metals Management Efficiency
The company has return on total asset (ROA) of (0.176) % which means that it has lost $0.176 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2972) %, meaning that it generated substantial loss on money invested by shareholders. Forsys Metals' management efficiency ratios could be used to measure how well Forsys Metals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 12th of December 2024, Return On Tangible Assets is likely to drop to -0.25. In addition to that, Return On Capital Employed is likely to grow to -0.26. At this time, Forsys Metals' Total Assets are very stable compared to the past year. As of the 12th of December 2024, Non Currrent Assets Other is likely to grow to about 22.7 M, while Non Current Assets Total are likely to drop about 10.8 M.Similar Executives
| Found 4 records | DIRECTOR Age | ||
| Edward Breiner | Major Drilling Group | 62 | |
| Sybil Veenman | Major Drilling Group | 56 | |
| Jo Zurel | Major Drilling Group | 55 | |
| Janice Rennie | Major Drilling Group | 62 | |
Management Performance
| Return On Equity | -0.3 | ||||
| Return On Asset | -0.18 |
Forsys Metals Corp Management Team
Elected by the shareholders, the Forsys Metals' board of directors comprises two types of representatives: Forsys Metals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Forsys. The board's role is to monitor Forsys Metals' management team and ensure that shareholders' interests are well served. Forsys Metals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Forsys Metals' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Frewin, VP of Legal Affairs, Executive Director and Chairman of Health, Safety and Environmental Committee | ||
| Richard Parkhouse, Director Relations | ||
| Jorge BA, Corporate Director |
Forsys 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 Forsys Metals 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 | -0.3 | ||||
| Return On Asset | -0.18 | ||||
| Current Valuation | 130.99 M | ||||
| Shares Outstanding | 200.32 M | ||||
| Shares Owned By Insiders | 33.44 % | ||||
| Shares Owned By Institutions | 31.24 % | ||||
| Number Of Shares Shorted | 184.56 K | ||||
| Price To Earning | (13.33) X | ||||
| Price To Book | 6.12 X | ||||
| EBITDA | 383.4 K |
Pair Trading with Forsys Metals
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 Forsys Metals 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 Forsys Metals will appreciate offsetting losses from the drop in the long position's value.Moving against Forsys Stock
The ability to find closely correlated positions to Forsys Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forsys Metals 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 Forsys Metals - 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 Forsys Metals Corp to buy it.
The correlation of Forsys Metals 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 Forsys Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forsys Metals Corp 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 Forsys Metals 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 Forsys Stock
Forsys Metals financial ratios help investors to determine whether Forsys 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 Forsys with respect to the benefits of owning Forsys Metals security.