Karyn Ovelmen - Newmont Goldcorp Executive CFO
| NGT Stock | CAD 61.95 1.13 1.86% |
CFO
Karyn Ovelmen is Executive CFO of Newmont Goldcorp Corp
| Age | 61 |
| Address | 6900 E Layton Avenue, Denver, CO, United States, 80237 |
| Phone | 303 863 7414 |
| Web | https://www.newmont.com |
Karyn Ovelmen Latest Insider Activity
Tracking and analyzing the buying and selling activities of Karyn Ovelmen against Newmont Goldcorp stock is an integral part of due diligence when investing in Newmont Goldcorp. Karyn Ovelmen insider activity provides valuable insight into whether Newmont Goldcorp is net buyers or sellers over its current business cycle. Note, Newmont Goldcorp insiders must abide by specific rules, including filing SEC forms every time they buy or sell Newmont Goldcorp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Karyn Ovelmen over six months ago Acquisition by Karyn Ovelmen of 1398 shares of Hess subject to Rule 16b-3 |
Newmont Goldcorp Management Efficiency
The company has return on total asset (ROA) of 0.0661 % which means that it generated a profit of $0.0661 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1117 %, meaning that it generated $0.1117 on every $100 dollars invested by stockholders. Newmont Goldcorp's management efficiency ratios could be used to measure how well Newmont Goldcorp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of March 2025, Return On Tangible Assets is likely to drop to 0.0006. In addition to that, Return On Capital Employed is likely to grow to -0.0013. At this time, Newmont Goldcorp's Total Assets are very stable compared to the past year. As of the 1st of March 2025, Non Current Assets Total is likely to grow to about 46.3 B, while Non Currrent Assets Other are likely to drop about 1.7 B.Similar Executives
| Found 4 records | CFO Age | ||
| Peter Hardie | Equinox Gold Corp | N/A | |
| Sandip Rana | Franco Nevada | N/A | |
| CFA CA | Wheaton Precious Metals | 58 | |
| A Doyle | Pan American Silver | N/A | |
Management Performance
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0661 |
Newmont Goldcorp Corp Leadership Team
Elected by the shareholders, the Newmont Goldcorp's board of directors comprises two types of representatives: Newmont Goldcorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newmont. The board's role is to monitor Newmont Goldcorp's management team and ensure that shareholders' interests are well served. Newmont Goldcorp'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, Newmont Goldcorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| EMBA BEng, Executive Officer | ||
| Brian CPA, Chief Finance | ||
| Mark Casper, Group Closure | ||
| Peter JD, Executive Officer | ||
| Brian Tabolt, Ex CFO | ||
| Alwyn Pretorius, Managing Guinea | ||
| Luis Canepari, Group Technology | ||
| Karyn CPA, Executive CFO | ||
| Jennifer Cmil, Executive Officer | ||
| Neil Backhouse, Group Relations | ||
| Mark Ebel, Interim Officer | ||
| Nancy Lipson, Executive Vice President General Counsel | ||
| Karyn Ovelmen, Executive CFO | ||
| Suzanne Retallack, Executive Officer | ||
| Bryan Teets, Group Audit | ||
| Dean Gehring, Executive Vice President CTO | ||
| Scott Sullivan, Group Compliance | ||
| Jennifer Pakradooni, Head Communications | ||
| Francois Hardy, Executive Officer | ||
| Thomas Palmer, CEO President | ||
| Ramsey Musa, VP Chain | ||
| Joshua Cage, Interim Officer | ||
| MIB BBus, Executive Officer | ||
| Robert Atkinson, COO, Executive Vice President | ||
| Daniel Horton, VP Treasurer | ||
| Shelly Huff, Group Tax |
Newmont 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 Newmont Goldcorp 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 | 0.11 | ||||
| Return On Asset | 0.0661 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 77.44 B | ||||
| Shares Outstanding | 1.13 B | ||||
| Shares Owned By Insiders | 0.34 % | ||||
| Shares Owned By Institutions | 74.64 % | ||||
| Number Of Shares Shorted | 389.38 K | ||||
| Price To Book | 1.61 X |
Pair Trading with Newmont Goldcorp
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 Newmont Goldcorp 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 Newmont Goldcorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Newmont Stock
Moving against Newmont Stock
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| 0.5 | TD-PFI | Toronto Dominion Bank | PairCorr |
| 0.48 | INFM | Infinico Metals Corp | PairCorr |
| 0.42 | MFC | Manulife Financial Corp | PairCorr |
The ability to find closely correlated positions to Newmont Goldcorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newmont Goldcorp 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 Newmont Goldcorp - 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 Newmont Goldcorp Corp to buy it.
The correlation of Newmont Goldcorp 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 Newmont Goldcorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newmont Goldcorp 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 Newmont Goldcorp 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 Newmont Goldcorp Corp. 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. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.