MetalsGrove Mining Limited

ASX:MGA Stock Report

Market Cap: AU$3.2m

MetalsGrove Mining Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Sean Sivasamy

Chief executive officer

AU$435.4k

Total compensation

CEO salary percentage62.0%
CEO tenure2.5yrs
CEO ownership12.2%
Management average tenureno data
Board average tenure1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sean Sivasamy's remuneration changed compared to MetalsGrove Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-AU$885k

Sep 30 2023n/an/a

-AU$878k

Jun 30 2023AU$435kAU$270k

-AU$871k

Jun 30 2022AU$40kn/a

-AU$971k

Compensation vs Market: Sean's total compensation ($USD284.54K) is about average for companies of similar size in the Australian market ($USD292.20K).

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


CEO

Sean Sivasamy

2.5yrs

Tenure

AU$435,429

Compensation

Mr. Anbarasan Sivasamy, also known as Sean, MAusIMM, served as a Managing Director, Chief Executive Officer and Director at MetalsGrove Mining Limited since November 26, 2021 until April 15, 2024 and serve...


Board Members

NamePositionTenureCompensationOwnership
Anbarasan Sivasamy
MD, CEO & Director2.5yrsAU$435.43k12.16%
A$ 384.6k
Richard Beazley
Independent Non-Executive Chairman2.4yrsAU$80.80kno data
Peter Stern
Directorless than a yearno datano data
Haidong Chi
Non-Executive Director2.3yrsAU$108.33k10.11%
A$ 319.8k
John Reynolds
Alternate Non-Executive Directorless than a yearno datano data
Lijan Yang
Non-Executive Directorless than a yearno datano data

1.3yrs

Average Tenure

Experienced Board: MGA's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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