New Murchison Gold Management
Management criteria checks 2/4
New Murchison Gold's CEO is Alex Passmore, appointed in Mar 2023, has a tenure of 2.58 years. total yearly compensation is A$608.89K, comprised of 49.3% salary and 50.7% bonuses, including company stock and options. directly owns 1.82% of the company’s shares, worth A$6.50M. The average tenure of the management team and the board of directors is 0.5 years and 7.9 years respectively.
Key information
Alex Passmore
Chief executive officer
AU$608.9k
Total compensation
| CEO salary percentage | 49.27% |
| CEO tenure | 2.6yrs |
| CEO ownership | 1.8% |
| Management average tenure | less than a year |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 30 2025 | n/a | n/a | -AU$3m |
| Dec 30 2024 | n/a | n/a | -AU$3m |
| Sep 30 2024 | AU$609k | AU$300k | -AU$3m |
| Jun 30 2024 | n/a | n/a | -AU$3m |
| Mar 31 2024 | n/a | n/a | -AU$3m |
| Dec 31 2023 | n/a | n/a | -AU$2m |
| Sep 30 2023 | AU$403k | AU$170k | -AU$2m |
Compensation vs Market: Alex's total compensation ($USD402.12K) is below average for companies of similar size in the Australian market ($USD627.62K).
Compensation vs Earnings: Alex's compensation has increased whilst the company is unprofitable.
CEO
Alex Passmore (47 yo)
Mr. Alexander Ross Passmore, also known as Alex, B. Sc (Hons), GradDipAppFin, FIASIG, GAICD, serves as Chief Executive Officer of New Murchison Gold Limited (formerly known as Ora Gold Limited) since March...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.6yrs | AU$608.89k | 1.82% A$ 6.5m | |
| CFO & Company Secretary | less than a year | no data | no data | |
| General Manager of Operations | less than a year | no data | no data | |
| Exploration Manager | no data | no data | no data |
Experienced Management: NMG's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Executive Independent Director | 22.1yrs | AU$85.97k | 0.33% A$ 1.2m | |
| Independent Non-Executive Chairman | 7.9yrs | AU$85.97k | 1.1% A$ 3.9m | |
| Independent Non-Executive Director | less than a year | no data | 0.0051% A$ 18.2k |
Experienced Board: NMG's board of directors are considered experienced (7.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/05 03:06 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/03/30 |
| Annual Earnings | 2024/09/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
New Murchison Gold Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Wilson | CGS International |
| James Wilson | Morgans Financial Limited |