Spartan Resources Limited

ASX:SPR Stock Report

Market Cap: AU$2.8b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Spartan Resources Management

Management criteria checks 1/4

Spartan Resources' CEO is Simon Lawson, appointed in Nov 2021, has a tenure of 3.67 years. total yearly compensation is A$4.04M, comprised of 9.3% salary and 90.7% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth A$32.84M. The average tenure of the management team and the board of directors is 2.6 years and 1.3 years respectively.

Key information

Simon Lawson

Chief executive officer

AU$4.0m

Total compensation

CEO salary percentage9.29%
CEO tenure3.7yrs
CEO ownership1.2%
Management average tenure2.6yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

Analysis Article • Sep 27

We're Not Very Worried About Spartan Resources' (ASX:SPR) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Spartan...
Analysis Article • Jan 18

Spartan Resources Limited's (ASX:SPR) Low P/S No Reason For Excitement

Spartan Resources Limited's ( ASX:SPR ) price-to-sales (or "P/S") ratio of 6.7x might make it look like a strong buy...
Analysis Article • Oct 06

Improved Revenues Required Before Spartan Resources Limited (ASX:SPR) Stock's 26% Jump Looks Justified

Spartan Resources Limited ( ASX:SPR ) shares have continued their recent momentum with a 26% gain in the last month...

CEO Compensation Analysis

How has Simon Lawson's remuneration changed compared to Spartan Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

-AU$69m

Sep 30 2024n/an/a

-AU$60m

Jun 30 2024AU$4mAU$375k

-AU$51m

Mar 31 2024n/an/a

-AU$38m

Dec 31 2023n/an/a

-AU$25m

Sep 30 2023n/an/a

-AU$30m

Jun 30 2023AU$929kAU$375k

-AU$35m

Mar 31 2023n/an/a

-AU$61m

Dec 31 2022n/an/a

-AU$86m

Sep 30 2022n/an/a

-AU$84m

Jun 30 2022AU$827kAU$241k

-AU$81m

Compensation vs Market: Simon's total compensation ($USD2.63M) is above average for companies of similar size in the Australian market ($USD1.29M).

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

CEO

Simon Lawson (49 yo)

3.7yrs
Tenure
AU$4,036,378
Compensation

Mr. Simon Irwin Lawson, M.Sc. serves as Managing Director, Chief Executive Officer & Executive Director at Spartan Resources Limited (formerly known as Gascoyne Resources Limited) since November 13, 2021 a...

Leadership Team

NamePositionTenureCompensationOwnership
Simon Lawson
MD, CEO & Executive Chairman3.7yrsAU$4.04m1.15%
A$ 32.8m
Tejal Magan
CFO & Joint Company Secretary3.7yrsAU$1.55m0.00067%
A$ 19.1k
Craig Jones
Chief Operating Officer1.3yrsAU$405.67kno data
Nicholas Jolly
General Manager of Exploration & Developmentno dataAU$1.05mno data
Graham Gadsby
GM of Murchison Operations & Chief Geologist2.6yrsAU$1.06mno data
David Allan Coyne
Executive Director & Joint Company Secretaryless than a yearAU$687.02k0.62%
A$ 17.7m
2.6yrs
Average Tenure

Experienced Management: SPR's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Simon Lawson
MD, CEO & Executive Chairman3.7yrsAU$4.04m1.15%
A$ 32.8m
David Allan Coyne
Executive Director & Joint Company Secretary3.7yrsAU$687.02k0.62%
A$ 17.7m
Anna Neuling
Independent Non-Executive Directorless than a yearno data0.0066%
A$ 187.9k
Mark Hine
Independent Non-Executive Directorless than a yearno data0.019%
A$ 542.4k
Deanna Carpenter
Independent Non-Executive Director1.3yrsAU$21.45k0.020%
A$ 566.4k
1.3yrs
Average Tenure
55yo
Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/30 04:24
End of Day Share Price 2025/07/22 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the 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

Spartan Resources Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim McCormackCanaccord Genuity