Scott Sullivan - Newmont Goldcorp Chief Officer

NGT Stock  CAD 58.91  0.08  0.14%   

Insider

Scott Sullivan is Chief Officer of Newmont Goldcorp Corp
Phone303 863 7414
Webhttps://www.newmont.com

Newmont Goldcorp Management Efficiency

The company has return on total asset (ROA) of 0.0413 % which means that it generated a profit of $0.0413 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0516) %, meaning that it generated substantial loss on money invested by shareholders. 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.
Newmont Goldcorp Corp has accumulated 9.44 B in total debt with debt to equity ratio (D/E) of 33.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Newmont Goldcorp Corp has a current ratio of 1.79, which is within standard range for the sector. Debt can assist Newmont Goldcorp until it has trouble settling it off, either with new capital or with free cash flow. So, Newmont Goldcorp'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 Newmont Goldcorp Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newmont to invest in growth at high rates of return. When we think about Newmont Goldcorp's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Ignacio CouturierPan American Silver
N/A
Eng IngAgnico Eagle Mines
N/A
Timothy BreenEquinox Gold Corp
41
Guy GosselinAgnico Eagle Mines
N/A
R LaingAgnico Eagle Mines
N/A
Marshall KovalEquinox Gold Corp
61
Douglas PGeoEquinox Gold Corp
N/A
Maureen JensenFranco Nevada
62
Glenn IvesWheaton Precious Metals
N/A
Gregory SmithEquinox Gold Corp
N/A
Lenard BoggioEquinox Gold Corp
64
Chris VollmershausenAgnico Eagle Mines
N/A
PEng PEngWheaton Precious Metals
59
CDir MScAgnico Eagle Mines
58
P MBAAgnico Eagle Mines
44
BSc ENGAgnico Eagle Mines
N/A
PGEO PGeoPan American Silver
56
P EngEquinox Gold Corp
62
Kevin McElligottFranco Nevada
N/A
CarolAnn PlummerTheriaultAgnico Eagle Mines
N/A
Jamie BeirnesWheaton Precious Metals
N/A
Newmont Goldcorp Corporation, together with its subsidiaries, operates in the mining industry. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado. NEWMONT GOLDCORP operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 12400 people. Newmont Goldcorp Corp (NGT) is traded on Toronto Exchange in Canada and employs 21,700 people.

Management Performance

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.
Nancy Lipson, Executive Vice President General Counsel
EMBA BEng, Executive Officer
Karyn Ovelmen, Executive CFO
Suzanne Retallack, Executive Officer
Dean Gehring, Executive Vice President CTO
Scott Sullivan, Chief Officer
Peter JD, Executive Officer
Brian Tabolt, Ex CFO
Jennifer Pakradooni, Head Communications
Alwyn Pretorius, Managing Guinea
Francois Hardy, Executive Officer
Luis Canepari, VP Officer
Karyn CPA, Executive CFO
Thomas Palmer, CEO President
Ramsey Musa, VP Chain
Jennifer Cmil, Executive Officer
Joshua Cage, Interim Officer
MIB BBus, Executive Officer
Robert Atkinson, COO, Executive Vice President
Neil Backhouse, Group Relations
Daniel Horton, VP Treasurer
Mark Ebel, Interim Officer

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.

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

  0.64ORE Orezone Gold CorpPairCorr

Moving against Newmont Stock

  0.7NA-PG National Bank Earnings Call This WeekPairCorr
  0.33IE Ivanhoe EnergyPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Newmont Goldcorp Corp is a strong investment it is important to analyze Newmont Goldcorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newmont Goldcorp's future performance. For an informed investment choice regarding Newmont Stock, refer to the following important reports:
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.