Meteoric Resources NL

ASX:MEI Stock Report

Market Cap: AU$528.2m

Meteoric Resources Management

Management criteria checks 1/4

Meteoric Resources' CEO is Stuart Gale, appointed in Nov 2024, has a tenure of less than a year. total yearly compensation is A$2.21M, comprised of 18.6% salary and 81.4% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth A$1.30M. The average tenure of the management team and the board of directors is 1.8 years and 3.1 years respectively.

Key information

Stuart Gale

Chief executive officer

AU$2.2m

Total compensation

CEO salary percentage18.63%
CEO tenureless than a year
CEO ownership0.2%
Management average tenure1.8yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

Meteoric Resources NL (ASX:MEI) Shares Could Be 41% Below Their Intrinsic Value Estimate

May 06
Meteoric Resources NL (ASX:MEI) Shares Could Be 41% Below Their Intrinsic Value Estimate

CEO Compensation Analysis

How has Stuart Gale's remuneration changed compared to Meteoric Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025AU$2mAU$412k

-AU$36m

Mar 31 2025n/an/a

-AU$37m

Dec 31 2024n/an/a

-AU$37m

Sep 30 2024n/an/a

-AU$41m

Jun 30 2024AU$747kAU$81k

-AU$45m

Compensation vs Market: Stuart's total compensation ($USD1.44M) is above average for companies of similar size in the Australian market ($USD852.21K).

Compensation vs Earnings: Stuart's compensation has increased whilst the company is unprofitable.


CEO

Stuart Gale

less than a year
Tenure
AU$2,213,426
Compensation

Mr. Stuart Gale, BEcon, FCA, serves as Managing Director, Chief Executive Officer and Director at Meteoric Resources NL from November 18, 2024 and served as its Chief Financial Officer since April 8, 2024...


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Tunks
Executive Chairman7.8yrsAU$1.22m1.61%
A$ 8.5m
Stuart Gale
MD, CEO & Directorless than a yearAU$2.21m0.25%
A$ 1.3m
Andy Thomson
Chief Financial Officerless than a yearAU$646.46k0.10%
A$ 534.0k
Peter Sheehan
Chief Operating Officer6.8yrsAU$1.14m0.44%
A$ 2.3m
Paul Kitto
Non-Executive Director & Technical Director6yrsAU$333.91k0.57%
A$ 3.0m
Marcelo de Carvalho
Chief Geologist & Executive Director2.7yrsAU$1.14m0.19%
A$ 1.0m
Cathal Smith
General Counselless than a yearno datano data
Jose Dambrosio
Group Human Resources Directorless than a yearno datano data
Matthew Foy
Company Secretary7.8yrsno datano data
1.8yrs
Average Tenure

Experienced Management: MEI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Andrew Tunks
Executive Chairman7.8yrsAU$1.22m1.61%
A$ 8.5m
Stuart Gale
MD, CEO & Directorless than a yearAU$2.21m0.25%
A$ 1.3m
Paul Kitto
Non-Executive Director & Technical Director6yrsAU$333.91k0.57%
A$ 3.0m
Marcelo de Carvalho
Chief Geologist & Executive Director4.3yrsAU$1.14m0.19%
A$ 1.0m
Peter Gundy
Non-Executive Director1.9yrsAU$338.91k0.12%
A$ 610.4k
Naomi Prins
Non-Executive Director1.4yrsAU$160.03k0.010%
A$ 54.9k
3.1yrs
Average Tenure
68yo
Average Age

Experienced Board: MEI's board of directors are considered experienced (3.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/13 07:27
End of Day Share Price 2025/10/13 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Meteoric Resources NL is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mollie UrquhartBarrenjoey Markets Pty Limited
Dale KoendersBarrenjoey Markets Pty Limited
Daniel MorganBarrenjoey Markets Pty Limited