Keith Murphy - New Gold Executive CFO
| NGD Stock | CAD 3.90 0.05 1.30% |
CFO
Keith Murphy is Executive CFO of New Gold
| Address | Brookfield Place, Toronto, ON, Canada, M5J 2T3 |
| Phone | 416 324 6000 |
| Web | https://www.newgold.com |
Keith Murphy Latest Insider Activity
Tracking and analyzing the buying and selling activities of Keith Murphy against New Gold stock is an integral part of due diligence when investing in New Gold. Keith Murphy insider activity provides valuable insight into whether New Gold is net buyers or sellers over its current business cycle. Note, New Gold insiders must abide by specific rules, including filing SEC forms every time they buy or sell New Gold'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Keith Murphy over two months ago Acquisition by Keith Murphy of 19607 shares of Organovo Holdings subject to Rule 16b-3 | ||
Keith Murphy over three months ago Acquisition by Keith Murphy of 143731 shares of Organovo Holdings at 0.5368 subject to Rule 16b-3 | ||
Keith Murphy over a year ago Acquisition by Keith Murphy of 19607 shares of Organovo Holdings subject to Rule 16b-3 |
New Gold Management Efficiency
The company has return on total asset (ROA) of 0.0297 % which means that it generated a profit of $0.0297 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0214 %, meaning that it generated $0.0214 on every $100 dollars invested by stockholders. New Gold's management efficiency ratios could be used to measure how well New Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Capital Employed is likely to grow to 0.03, while Return On Tangible Assets are likely to drop (0.03). At this time, New Gold's Other Current Assets are very stable compared to the past year. As of the 1st of December 2024, Net Tangible Assets is likely to grow to about 1.3 B, while Total Assets are likely to drop about 2 B.Management Performance
| Return On Equity | 0.0214 | ||||
| Return On Asset | 0.0297 |
New Gold Leadership Team
Elected by the shareholders, the New Gold's board of directors comprises two types of representatives: New Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New Gold's management team and ensure that shareholders' interests are well served. New 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, New Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Eric Vinet, Vice President, General Manager - Rainy River | ||
| Keith Murphy, Executive CFO | ||
| Dan Sharkey, Vice Resources | ||
| Gillian Davidson, Non-Executive Independent Director | ||
| Ankit Shah, Vice President - Strategy and Business Development | ||
| Ankit CPA, Executive Development | ||
| JeanFrancois Ravenelle, Vice Geology | ||
| Brandon Throop, Director Relations | ||
| Margaret Mulligan, Non-Executive Independent Director | ||
| Paul Melling, Treasurer | ||
| Renaud Adams, President, Chief Executive Officer, Director | ||
| Anne Day, Vice President - Investor Relations | ||
| Andrew PEng, Director Services | ||
| Jeff LaMarsh, General Afton | ||
| Shauntese Constantinoff, External Advisor | ||
| Marilyn Schonberner, Non-Executive Independent Director | ||
| Robert Chausse, Chief Financial Officer, Executive Vice President | ||
| Asc BSc, Pres CEO | ||
| Sean Keating, Vice President General Counsel, Corporate Secretary | ||
| Sharon Giraudel, Head Resources | ||
| James Gowans, Non-Executive Independent Director | ||
| Bethany Borody, Vice Sustainability | ||
| Gord Simms, General River | ||
| John Ritter, Gen Afton | ||
| Nicholas Chirekos, Non-Executive Independent Director | ||
| Ian Pearce, Non-Executive Independent Chairman of the Board | ||
| Yohann Bouchard, Executive COO | ||
| Luke Buchanan, Vice Services |
New 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 New 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.
| Return On Equity | 0.0214 | ||||
| Return On Asset | 0.0297 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 3.52 B | ||||
| Shares Outstanding | 790.9 M | ||||
| Shares Owned By Insiders | 3.88 % | ||||
| Shares Owned By Institutions | 63.20 % | ||||
| Number Of Shares Shorted | 12.14 M | ||||
| Price To Earning | 24.85 X |
Pair Trading with New 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 New 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 New Gold will appreciate offsetting losses from the drop in the long position's value.Moving against New Stock
The ability to find closely correlated positions to New 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 New 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 New 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 New Gold to buy it.
The correlation of New 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 New Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Gold 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 New 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in New Stock, please use our How to Invest in New Gold guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.