David Schummer - Perseus Mining Chief Officer

PRU Stock  CAD 2.42  0.05  2.11%   

Executive

David Schummer is Chief Officer of Perseus Mining
Age 52
Address 437 Roberts Road, Subiaco, WA, Australia, 6008
Phone61 8 6144 1700
Webhttps://www.perseusmining.com

Perseus Mining Management Efficiency

The company has return on total asset (ROA) of 0.1607 % which means that it generated a profit of $0.1607 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2273 %, meaning that it generated $0.2273 on every $100 dollars invested by stockholders. Perseus Mining's management efficiency ratios could be used to measure how well Perseus Mining 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 0.39. Return On Capital Employed is expected to grow at the current pace this year. At this time, Perseus Mining's Asset Turnover is very stable compared to the past year.
Perseus Mining has accumulated 2.15 M in total debt with debt to equity ratio (D/E) of 9.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Perseus Mining has a current ratio of 1.87, which is within standard range for the sector. Debt can assist Perseus Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Perseus Mining'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 Perseus Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Perseus to invest in growth at high rates of return. When we think about Perseus Mining's use of debt, we should always consider it together with cash and equity.

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Perseus Mining Limited explores, evaluates, develops, and mines for gold properties in West Africa. The company was incorporated in 2003 and is based in Subiaco, Australia. PERSEUS MINING operates under Gold classification in Canada and is traded on Toronto Stock Exchange. Perseus Mining (PRU) is traded on Toronto Exchange in Canada and employs 11 people. Perseus Mining is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Perseus Mining Leadership Team

Elected by the shareholders, the Perseus Mining's board of directors comprises two types of representatives: Perseus Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Perseus. The board's role is to monitor Perseus Mining's management team and ensure that shareholders' interests are well served. Perseus Mining'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, Perseus Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
FCIS FGIA, G Sec
BE BE, Executive CEO
Michael Beck, Group Manager
Melanie Pollard, Group Sustainability
BSc FAusIMM, Group Growth
B LLB, Consultant
David Schummer, Chief Officer
Amanda Weir, Chief Officer
Jessica Volich, Group Sustainability
Christopher Woodall, Chief Officer
BAcc BCom, Chief Officer

Perseus 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 Perseus Mining 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 Perseus Mining

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 Perseus Mining 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 Perseus Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Perseus Stock

  0.83AG First Majestic SilverPairCorr
The ability to find closely correlated positions to Perseus Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perseus Mining 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 Perseus Mining - 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 Perseus Mining to buy it.
The correlation of Perseus Mining 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 Perseus Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perseus Mining 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 Perseus Mining 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 Perseus Stock

Perseus Mining financial ratios help investors to determine whether Perseus 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 Perseus with respect to the benefits of owning Perseus Mining security.