Frederick Stanford - Torex Gold President, Chief Executive Officer, Director
| TXG Stock | CAD 29.70 0.10 0.34% |
CEO
Mr. Frederick M. Stanford is an President, Chief Executive Officer, Director of Torex Gold Resources Inc. Mr. Stanford is a mining executive with over 35 years of experience in the mining industry. Mr. Stanford started his career at Vale Canada Limited in 1981 as a software designer and then moved into operations management as an underground mine foreman. He progressed through senior roles in mines operations, processing plant operations, engineering, environmental, health and safety, human resources, and production services operations. In 2006, he was appointed to the role of President of Vales Ontario operations, a position he held until June of 2009. Mr. Stanford graduated in Industrial Engineering from the Technical University of Nova Scotia since 2020.
| Age | 60 |
| Tenure | 4 years |
| Address | Exchange Tower, Toronto, ON, Canada, M5X 2A2 |
| Phone | 647 260 1500 |
| Web | https://torexgold.com |
Frederick Stanford Latest Insider Activity
Tracking and analyzing the buying and selling activities of Frederick Stanford against Torex Gold stock is an integral part of due diligence when investing in Torex Gold. Frederick Stanford insider activity provides valuable insight into whether Torex Gold is net buyers or sellers over its current business cycle. Note, Torex Gold insiders must abide by specific rules, including filing SEC forms every time they buy or sell Torex Gold'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Frederick Stanford over three months ago Disposition of 15000 shares by Frederick Stanford of I3 Verticals at 1.0E-4 subject to Rule 16b-3 | ||
Frederick Stanford over six months ago Acquisition by Frederick Stanford of 100000 shares of I3 Verticals subject to Rule 16b-3 | ||
Frederick Stanford over a year ago Conversion by Frederick Stanford of 25000 shares of I3 Verticals |
Torex Gold Management Efficiency
The company has return on total asset (ROA) of 0.0948 % which means that it generated a profit of $0.0948 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0827 %, meaning that it generated $0.0827 on every $100 dollars invested by stockholders. Torex Gold's management efficiency ratios could be used to measure how well Torex Gold manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Torex Gold's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Return On Capital Employed is likely to grow to 0.31, while Return On Equity is likely to drop 0.13. At this time, Torex Gold's Net Current Asset Value is very stable compared to the past year. As of the 29th of November 2024, Tangible Asset Value is likely to grow to about 255.2 K, while Net Tangible Assets are likely to drop about 900.8 M.Similar Executives
| Found 7 records | CEO Age | ||
| Duncan Middlemiss | Wesdome Gold Mines | 57 | |
| AMP BSc | Endeavour Mining Corp | 69 | |
| Scott Perry | Centerra Gold | 42 | |
| Michael Holmes | OceanaGold | N/A | |
| John McCluskey | Alamos Gold | 64 | |
| Paul Tomory | Centerra Gold | 51 | |
| Anthea Bath | Wesdome Gold Mines | 48 | |
Management Performance
| Return On Equity | 0.0827 | ||||
| Return On Asset | 0.0948 |
Torex Gold Resources Leadership Team
Elected by the shareholders, the Torex Gold's board of directors comprises two types of representatives: Torex Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Torex. The board's role is to monitor Torex Gold's management team and ensure that shareholders' interests are well served. Torex 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, Torex Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Angela Robson, ESG Resources | ||
| David Fennell, Independent Director | ||
| Richard Howes, Lead Independent Director | ||
| Franklin Davis, Independent Director | ||
| Rick Howes, Lead Independent Director | ||
| E Murphy, Vice President - Engineering | ||
| Andrew Adams, Independent Director | ||
| Steven Thomas, Chief Financial Officer | ||
| Jody LLB, President CEO | ||
| Alex Hemmingsen, Principal Design | ||
| Frederick Stanford, President, Chief Executive Officer, Director | ||
| Elizabeth Wademan, Independent Director | ||
| Jonathan Gilligan, Vice President - Automated Mine Design | ||
| LLB LLB, Gen Sec | ||
| Eric Murphy, VP Engineering | ||
| WMichael Murphy, Independent Director | ||
| Dave PEng, Executive Projects | ||
| Jody Kuzenko, President, Chief Executive Officer, Director | ||
| Mary LLB, General Secretary | ||
| Mary Batoff, General Counsel, Corporate Secretary | ||
| Anne Stephen, Vice President - Human Resources | ||
| Dawson Proudfoot, Vice President - Engineering | ||
| Daniel CFA, Senior Relations | ||
| Robin Bienenstock, Independent Director | ||
| Daniel Rollins, Vice President - Corporate Development and Investor Relations | ||
| Faysal Rodriguez, Senior Mexico | ||
| Dany Vaiman, Co Controller | ||
| James Crombie, Independent Director | ||
| Roy Slack, Independent Director | ||
| H Loyer, Vice President - Projects | ||
| Esteban Jacobs, Director Discovery | ||
| William Shaver, Independent Director | ||
| A MacGibbon, Independent Chairman of the Board | ||
| Mark Thorpe, Vice President - Corporate Social Responsibility |
Torex 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 Torex 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 | 0.0827 | ||||
| Return On Asset | 0.0948 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.35 % | ||||
| Current Valuation | 2.56 B | ||||
| Shares Outstanding | 85.99 M | ||||
| Shares Owned By Insiders | 0.35 % | ||||
| Shares Owned By Institutions | 68.41 % | ||||
| Number Of Shares Shorted | 1.14 M | ||||
| Price To Earning | 35.38 X |
Pair Trading with Torex 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 Torex 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 Torex Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Torex Stock
| 0.85 | AG | First Majestic Silver | PairCorr |
| 0.83 | IE | Ivanhoe Energy | PairCorr |
| 0.83 | FDY | Faraday Copper Corp | PairCorr |
Moving against Torex Stock
The ability to find closely correlated positions to Torex 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 Torex 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 Torex 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 Torex Gold Resources to buy it.
The correlation of Torex 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 Torex Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Torex Gold Resources 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 Torex 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.Other Information on Investing in Torex Stock
Torex Gold financial ratios help investors to determine whether Torex 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 Torex with respect to the benefits of owning Torex Gold security.