Santana Minerals Limited

ASX:SMI Stock Report

Market Cap: AU$386.5m

Santana Minerals Management

Management criteria checks 1/4

Santana Minerals' CEO is Damian Spring, appointed in Jul 2023, has a tenure of 1.67 years. total yearly compensation is A$662.47K, comprised of 53.1% salary and 46.9% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth A$178.40K. The average tenure of the management team and the board of directors is 1.5 years and 1.2 years respectively.

Key information

Damian Spring

Chief executive officer

AU$662.5k

Total compensation

CEO salary percentage53.1%
CEO tenure1.7yrs
CEO ownership0.05%
Management average tenure1.5yrs
Board average tenure1.2yrs

Recent management updates

Recent updates

We're Not Very Worried About Santana Minerals' (ASX:SMI) Cash Burn Rate

Feb 16
We're Not Very Worried About Santana Minerals' (ASX:SMI) Cash Burn Rate

We Think Santana Minerals (ASX:SMI) Needs To Drive Business Growth Carefully

Oct 26
We Think Santana Minerals (ASX:SMI) Needs To Drive Business Growth Carefully

Will Santana Minerals (ASX:SMI) Spend Its Cash Wisely?

Jul 04
Will Santana Minerals (ASX:SMI) Spend Its Cash Wisely?

Here's Why We're Watching Santana Minerals' (ASX:SMI) Cash Burn Situation

Mar 16
Here's Why We're Watching Santana Minerals' (ASX:SMI) Cash Burn Situation

Need To Know: Santana Minerals Limited (ASX:SMI) Insiders Have Been Buying Shares

Dec 30
Need To Know: Santana Minerals Limited (ASX:SMI) Insiders Have Been Buying Shares

CEO Compensation Analysis

How has Damian Spring's remuneration changed compared to Santana Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

-AU$3m

Sep 30 2024n/an/a

-AU$3m

Jun 30 2024AU$662kAU$352k

-AU$3m

Mar 31 2024n/an/a

-AU$5m

Dec 31 2023n/an/a

-AU$7m

Sep 30 2023n/an/a

-AU$7m

Jun 30 2023AU$199kAU$156k

-AU$7m

Compensation vs Market: Damian's total compensation ($USD416.49K) is below average for companies of similar size in the Australian market ($USD696.22K).

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


CEO

Damian Spring

1.7yrs

Tenure

AU$662,466

Compensation

Mr. Damian Spring is Chief Executive Officer at Santana Minerals Limited since July 1, 2023 and serves as its Executive Director since January 01, 2024. He served as Head of New Zealand Operations of Santa...


Leadership Team

NamePositionTenureCompensationOwnership
Damian Spring
CEO & Executive Director1.7yrsAU$662.47k0.046%
A$ 178.4k
Craig McPherson
Corporate Secretary & CFO12.2yrsAU$105.81k0.067%
A$ 258.9k
Samuel Smith
Executive Director of Corporate Affairs & Investor Relations and Executive Director1.3yrsAU$209.06k0.056%
A$ 216.0k
Alex Nichol
Geology Manager1.2yrsno datano data

1.5yrs

Average Tenure

Experienced Management: SMI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Damian Spring
CEO & Executive Director1.2yrsAU$662.47k0.046%
A$ 178.4k
Samuel Smith
Executive Director of Corporate Affairs & Investor Relations and Executive Director1.2yrsAU$209.06k0.056%
A$ 216.0k
Peter Cook
Non-Executive Chairmanno dataAU$288.74k1.23%
A$ 4.8m
Frederick James Bunting
Non-Executive Directorno dataAU$45.00k6.85%
A$ 26.5m
Emma Scotney
Non-Executive Directorless than a yearno datano data

1.2yrs

Average Tenure

Experienced Board: SMI's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/13 20:47
End of Day Share Price 2025/03/13 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

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

Santana Minerals Limited is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David CoatesBell Potter
Bradley WatsonBell Potter
Tim McCormackCanaccord Genuity