Johann Bruin - NextSource Materials Consultant Readiness
| NEXT Stock | CAD 0.53 0.01 1.92% |
Insider
Johann Bruin is Consultant Readiness of NextSource Materials
| Age | 54 |
| Address | Exchange Tower, Toronto, ON, Canada, M5X 2A2 |
| Phone | 416 364 4911 |
| Web | https://www.nextsourcematerials.com |
NextSource Materials Management Efficiency
The company has return on total asset (ROA) of (0.0632) % which means that it has lost $0.0632 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2322) %, meaning that it generated substantial loss on money invested by shareholders. NextSource Materials' management efficiency ratios could be used to measure how well NextSource Materials manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to drop to -0.1. In addition to that, Return On Capital Employed is likely to drop to -0.09. At this time, NextSource Materials' Total Assets are very stable compared to the past year. As of the 29th of November 2024, Other Current Assets is likely to grow to about 1.4 M, while Other Assets are likely to drop 0.00.Similar Executives
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Management Performance
| Return On Equity | -0.23 | |||
| Return On Asset | -0.0632 |
NextSource Materials Leadership Team
Elected by the shareholders, the NextSource Materials' board of directors comprises two types of representatives: NextSource Materials inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NextSource. The board's role is to monitor NextSource Materials' management team and ensure that shareholders' interests are well served. NextSource Materials' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NextSource Materials' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Johann Bruin, Consultant Readiness | ||
| Marthinus Crouse, Chief Officer | ||
| Brent BCom, Executive Development | ||
| Craig PGeol, Chief Director | ||
| Robin Borley, Senior Vice President - Mine Development, Director | ||
| PGeo Chantrand, Consultant | ||
| CFA CPA, Chief Officer | ||
| Markus Reichardt, Vice Sustainability | ||
| Craig PGeo, Chief Director | ||
| Heather Hernandez, Senior Operations | ||
| Tilo Hauke, Executive Operations | ||
| CPA CFA, Chief Officer | ||
| Jonathan Velloza, Interim Officer | ||
| Danniel Stokes, Vice Projects |
NextSource 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 NextSource Materials 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 | -0.23 | |||
| Return On Asset | -0.0632 | |||
| Current Valuation | 121.55 M | |||
| Shares Outstanding | 183.55 M | |||
| Shares Owned By Insiders | 49.06 % | |||
| Shares Owned By Institutions | 0.01 % | |||
| Number Of Shares Shorted | 147.81 K | |||
| Price To Book | 1.40 X | |||
| EBITDA | (7.37 M) | |||
| Net Income | (8.75 M) |
Pair Trading with NextSource Materials
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 NextSource Materials 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 NextSource Materials will appreciate offsetting losses from the drop in the long position's value.Moving together with NextSource Stock
Moving against NextSource Stock
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| 0.75 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to NextSource Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NextSource Materials 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 NextSource Materials - 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 NextSource Materials to buy it.
The correlation of NextSource Materials 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 NextSource Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NextSource Materials 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 NextSource Materials 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 NextSource Stock
NextSource Materials financial ratios help investors to determine whether NextSource 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 NextSource with respect to the benefits of owning NextSource Materials security.