Jose Merino - Marimaca Copper Managing Chile

MARI Stock  CAD 4.78  0.06  1.24%   

Executive

Jose Merino is Managing Chile of Marimaca Copper Corp
Age 42
Address 66 Wellington Street West, Toronto, ON, Canada, M5K 1E6
Phone56 22 432 7608
Webhttps://marimaca.com

Marimaca Copper Management Efficiency

The company has return on total asset (ROA) of (0.0438) % which means that it has lost $0.0438 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0831) %, meaning that it generated substantial loss on money invested by shareholders. Marimaca Copper's management efficiency ratios could be used to measure how well Marimaca Copper manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to drop to -0.08. In addition to that, Return On Capital Employed is likely to drop to -0.07. At this time, Marimaca Copper's Total Assets are very stable compared to the past year. As of the 30th of November 2024, Non Current Assets Total is likely to grow to about 75.5 M, while Non Currrent Assets Other are likely to drop about 225.2 K.
Marimaca Copper Corp has accumulated 128 K in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Marimaca Copper Corp has a current ratio of 4.56, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Marimaca Copper until it has trouble settling it off, either with new capital or with free cash flow. So, Marimaca Copper'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 Marimaca Copper Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Marimaca to invest in growth at high rates of return. When we think about Marimaca Copper's use of debt, we should always consider it together with cash and equity.

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Marimaca Copper Corp. engages in the acquisition, exploration, and development of mineral properties and projects in the United States and Chile. Marimaca Copper Corp. was incorporated in 2004 and is headquartered in Toronto, Canada. MARIMACA COPPER operates under Copper classification in Canada and is traded on Toronto Stock Exchange. It employs 23 people. Marimaca Copper Corp (MARI) is traded on Toronto Exchange in Canada and employs 23 people. Marimaca Copper is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Marimaca Copper Corp Leadership Team

Elected by the shareholders, the Marimaca Copper's board of directors comprises two types of representatives: Marimaca Copper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marimaca. The board's role is to monitor Marimaca Copper's management team and ensure that shareholders' interests are well served. Marimaca Copper'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, Marimaca Copper's outside directors are responsible for providing unbiased perspectives on the board's policies.
Nicolas Cookson, Head Development
Jose Merino, Managing Chile
Hayden Locke, CEO President
Sergio Rivera, Vice Exploration
Laura Rich, General Officer
Luis Tondo, Consultant
Jos Merino, MD CFO
Solange Gonzalez, General Secretary

Marimaca 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 Marimaca Copper 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 Marimaca Copper

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 Marimaca Copper 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 Marimaca Copper will appreciate offsetting losses from the drop in the long position's value.

Moving together with Marimaca Stock

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Moving against Marimaca Stock

  0.64INFM Infinico Metals CorpPairCorr
  0.58ORE Orezone Gold CorpPairCorr
The ability to find closely correlated positions to Marimaca Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marimaca Copper 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 Marimaca Copper - 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 Marimaca Copper Corp to buy it.
The correlation of Marimaca Copper 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 Marimaca Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marimaca Copper 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 Marimaca Copper 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 Marimaca Stock

Marimaca Copper financial ratios help investors to determine whether Marimaca 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 Marimaca with respect to the benefits of owning Marimaca Copper security.