Ryan Goodman - Orezone Gold Vice Administration

ORE Stock   0.71  0.06  9.23%   

Executive

Ryan Goodman is Vice Administration of Orezone Gold Corp
Address Bentall Tower 1, Vancouver, BC, Canada, V7X 1M3
Phone778 945 8977
Webhttps://www.orezone.com

Orezone Gold Management Efficiency

The company has return on total asset (ROA) of 0.1307 % which means that it generated a profit of $0.1307 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1881 %, meaning that it generated $0.1881 on every $100 dollars invested by stockholders. Orezone Gold's management efficiency ratios could be used to measure how well Orezone Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.14. Also, Return On Capital Employed is likely to grow to 0.36. At this time, Orezone Gold's Return On Tangible Assets are very stable compared to the past year. As of the 30th of November 2024, Fixed Asset Turnover is likely to grow to 1.48, while Net Tangible Assets are likely to drop about 48.9 M.
Orezone Gold Corp has accumulated 93.4 M in total debt. Orezone Gold Corp has a current ratio of 11.76, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Orezone Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Orezone Gold'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 Orezone Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Orezone to invest in growth at high rates of return. When we think about Orezone Gold's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 12 records

EXECUTIVE Age

BAcc BComPerseus Mining
50
Melanie PollardPerseus Mining
N/A
Amanda WeirPerseus Mining
N/A
B LLBPerseus Mining
65
David SchummerPerseus Mining
52
Michael BeckPerseus Mining
N/A
Matthew HBCommi 80 Gold Corp
43
Mark SchubertK92 Mining
N/A
Nancy CouveeK92 Mining
N/A
Christopher PGeoK92 Mining
49
Jacklynn Hunti 80 Gold Corp
N/A
Tyler CPGi 80 Gold Corp
N/A
Orezone Gold Corporationration engages in the investigation, acquisition, exploration, and development of gold projects in Burkina Faso, West Africa. Orezone Gold Corp (ORE) is traded on Toronto Exchange in Canada and employs 788 people. Orezone Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Orezone Gold Corp Leadership Team

Elected by the shareholders, the Orezone Gold's board of directors comprises two types of representatives: Orezone Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Orezone. The board's role is to monitor Orezone Gold's management team and ensure that shareholders' interests are well served. Orezone 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, Orezone Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ryan Goodman, Vice Administration
Patrick PEng, CEO President
Peter Tam, Chief Officer
PEng MSc, VP Projects
Geo PGeo, Senior Exploration
MBA MBA, Vice Relation
Vanessa Pickering, Ma Relations

Orezone 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 Orezone 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.

Pair Trading with Orezone 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 Orezone 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 Orezone Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Orezone Stock

  0.6BRK Berkshire Hathaway CDRPairCorr
  0.48WMT Walmart Inc CDRPairCorr
  0.38AMZN Amazon CDRPairCorr
The ability to find closely correlated positions to Orezone 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 Orezone 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 Orezone 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 Orezone Gold Corp to buy it.
The correlation of Orezone 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 Orezone Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orezone Gold 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 Orezone 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Orezone Stock

Orezone Gold financial ratios help investors to determine whether Orezone 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 Orezone with respect to the benefits of owning Orezone Gold security.