Province Resources Management
Management criteria checks 1/4
Province Resources' CEO is David Frances, appointed in Feb 2021, has a tenure of 2.42 years. total yearly compensation is A$2.35M, comprised of 11% salary and 89% bonuses, including company stock and options. directly owns 1.69% of the company’s shares, worth A$820.00K. The average tenure of the management team and the board of directors is 2.4 years and 2.5 years respectively.
Key information
David Frances
Chief executive officer
AU$2.4m
Total compensation
| CEO salary percentage | 11.0% |
| CEO tenure | 2.4yrs |
| CEO ownership | 1.7% |
| Management average tenure | 2.4yrs |
| Board average tenure | 2.5yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | n/a | n/a | -AU$7m |
| Sep 30 2022 | n/a | n/a | -AU$8m |
| Jun 30 2022 | AU$2m | AU$258k | -AU$9m |
| Mar 31 2022 | n/a | n/a | -AU$13m |
| Dec 31 2021 | n/a | n/a | -AU$18m |
| Sep 30 2021 | n/a | n/a | -AU$16m |
| Jun 30 2021 | AU$327k | AU$183k | -AU$14m |
Compensation vs Market: David's total compensation ($USD1.57M) is above average for companies of similar size in the Australian market ($USD300.74K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Frances (55 yo)
2.4yrs
Tenure
AU$2,351,000
Compensation
Mr. David John Frances, BSc (Hons), has been an Additional Independent Non-Executive Director of Southern Hemisphere Mining Limited since February 5, 2021. He serves as Managing Director and Chief Executiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.4yrs | AU$2.35m | 1.69% A$ 820.0k | |
| Chief Development Officer | 1.7yrs | no data | no data | |
| Manager of ESG | no data | no data | no data | |
| Company Secretary | 3yrs | no data | no data |
2.4yrs
Average Tenure
Experienced Management: PRL's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.9yrs | AU$2.35m | 1.69% A$ 820.0k | |
| Independent Non-Executive Chairman | 2.7yrs | AU$627.68k | 0.32% A$ 153.7k | |
| Non-Executive Director | 2.3yrs | AU$362.71k | 0.14% A$ 68.3k | |
| Non-Executive Director | 2yrs | AU$431.22k | 0.14% A$ 68.3k |
2.5yrs
Average Tenure
Experienced Board: PRL's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/02 19:56 |
| End of Day Share Price | 2023/04/05 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Province Resources Limited is covered by 0 analysts. 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 |
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