Abraham Jonker - Mandalay Resources Independent Chairman of the Board

MND Stock  CAD 4.34  0.21  5.08%   

Chairman

Mr. Abraham Hendrik Jonker is Lead Independent Director of Mandalay Resources Corporationrationration. Most recently, Mr. Jonker was the Chief Financial Officer at WCC until its acquisition by Walter Energy on April 1, 2011. He is a nonexecutive director of Firestone Diamonds Limited, Golden Reign Resources and EastCoal Inc. . Mr. Jonker is a Chartered Accountant and holds a Masters Degree in South African and International Tax from the Rand Afrikaans University. Mr. Jonker has over 18 years of extensive accounting and corporate finance experience, mostly in the mining industry. since 2016.
Age 51
Tenure 8 years
Address 76 Richmond Street East, Toronto, ON, Canada, M5C 1P1
Phone647 260 1566
Webhttps://mandalayresources.com

Mandalay Resources Management Efficiency

The company has return on total asset (ROA) of 0.1482 % which means that it generated a profit of $0.1482 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1457 %, meaning that it generated $0.1457 on every $100 dollars invested by stockholders. Mandalay Resources' management efficiency ratios could be used to measure how well Mandalay 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 Tangible Assets is likely to grow to 0.03. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Mandalay Resources' Return On Tangible Assets are very stable compared to the past year. As of the 11th of December 2024, Debt To Assets is likely to grow to 0.1, while Total Assets are likely to drop about 164.6 M.
Mandalay Resources Corp has accumulated 22.96 M in total debt with debt to equity ratio (D/E) of 0.66, which is about average as compared to similar companies. Mandalay Resources Corp has a current ratio of 1.1, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Mandalay Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Mandalay 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 Mandalay Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mandalay to invest in growth at high rates of return. When we think about Mandalay Resources' use of debt, we should always consider it together with cash and equity.

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CHAIRMAN Age

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66
Mandalay Resources Corporation, a natural resource company, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties. Mandalay Resources Corporation was incorporated in 1997 and is headquartered in Toronto, Canada. MANDALAY RESOURCES operates under Gold classification in Canada and is traded on Toronto Stock Exchange. Mandalay Resources Corp (MND) is traded on Toronto Exchange in Canada and employs 16 people. Mandalay Resources is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Mandalay Resources Corp Leadership Team

Elected by the shareholders, the Mandalay Resources' board of directors comprises two types of representatives: Mandalay Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mandalay. The board's role is to monitor Mandalay Resources' management team and ensure that shareholders' interests are well served. Mandalay 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, Mandalay Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Chris Davis, Vice Exploration
Nick Dwyer, Chief Financial Officer
Terrell Ackerman, Director
Nicholas CA, Chief Officer
Greg DiTomaso, IR Contact Officer
Belinda Labatte, Head of Stakeholder Engagement and Corporate Affairs; Corporate Secretary
Jasmine Virk, Senior Secretary
Scott Trebilcock, Executive Officer
Peter Jones, Independent Director
Abraham Jonker, Independent Chairman of the Board
Dominic Duffy, President, Chief Executive Officer, Director
BASc MASc, CEO President
Amy Freedman, Independent Director
Ryan Austerberry, Chief Officer
Robert Doyle, Independent Director
Bradford Mills, Executive Chairman of the Board

Mandalay 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 Mandalay 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 Mandalay 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 Mandalay 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 Mandalay Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Mandalay Stock

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

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