John CPA - Fortitude Gold Chief Officer

FTCO Stock  USD 5.00  0.06  1.21%   

Insider

John CPA is Chief Officer of Fortitude Gold Corp
Age 74
Phone719 717 9825
Webhttps://www.fortitudegold.com

Fortitude Gold Management Efficiency

The company has return on total asset (ROA) of 0.1087 % which means that it generated a profit of $0.1087 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1177 %, meaning that it created $0.1177 on every $100 dollars invested by stockholders. Fortitude Gold's management efficiency ratios could be used to measure how well Fortitude Gold manages its routine affairs as well as how well it operates its assets and liabilities.
Fortitude Gold Corp currently holds 30 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Fortitude Gold Corp has a current ratio of 12.71, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Fortitude Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Fortitude 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 Fortitude Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortitude to invest in growth at high rates of return. When we think about Fortitude Gold's use of debt, we should always consider it together with cash and equity.

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Fortitude Gold Corporation, a mining company, focuses on exploring gold and silver projects. The company was incorporated in 2020 and is headquartered in Colorado Springs, Colorado. FORTITUDE GOLD operates under Gold classification in the United States and is traded on OTC Exchange. It employs 68 people. Fortitude Gold Corp [FTCO] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Fortitude Gold Corp Management Team

Elected by the shareholders, the Fortitude Gold's board of directors comprises two types of representatives: Fortitude Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortitude. The board's role is to monitor Fortitude Gold's management team and ensure that shareholders' interests are well served. Fortitude 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, Fortitude Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jason Reid, Pres CEO
Gregory Patterson, VP Relations
John CPA, Chief Officer

Fortitude Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Fortitude 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 Fortitude 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 Fortitude 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 Fortitude Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Fortitude OTC Stock

  0.46ELRE Yinfu GoldPairCorr
The ability to find closely correlated positions to Fortitude 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 Fortitude 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 Fortitude 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 Fortitude Gold Corp to buy it.
The correlation of Fortitude 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 Fortitude Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortitude Gold 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 Fortitude 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

Other Information on Investing in Fortitude OTC Stock

Fortitude Gold financial ratios help investors to determine whether Fortitude OTC 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 Fortitude with respect to the benefits of owning Fortitude Gold security.