Turaco Gold Management
Management criteria checks 2/4
Turaco Gold's CEO is Justin Tremain, appointed in Dec 2020, has a tenure of 4.08 years. total yearly compensation is A$316.10K, comprised of 83.8% salary and 16.2% bonuses, including company stock and options. directly owns 1.48% of the company’s shares, worth A$3.30M. The average tenure of the management team and the board of directors is 1 years and 3.8 years respectively.
Key information
Justin Tremain
Chief executive officer
AU$316.1k
Total compensation
| CEO salary percentage | 83.8% |
| CEO tenure | 4.1yrs |
| CEO ownership | 1.5% |
| Management average tenure | less than a year |
| Board average tenure | 3.8yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -AU$9m |
| Mar 31 2024 | n/a | n/a | -AU$7m |
| Dec 31 2023 | AU$316k | AU$265k | -AU$5m |
| Sep 30 2023 | n/a | n/a | -AU$5m |
| Jun 30 2023 | n/a | n/a | -AU$5m |
| Mar 31 2023 | n/a | n/a | -AU$8m |
| Dec 31 2022 | AU$314k | AU$260k | -AU$10m |
| Sep 30 2022 | n/a | n/a | -AU$11m |
| Jun 30 2022 | n/a | n/a | -AU$11m |
| Mar 31 2022 | n/a | n/a | -AU$8m |
| Dec 31 2021 | AU$705k | AU$260k | -AU$5m |
| Sep 30 2021 | n/a | n/a | -AU$4m |
| Jun 30 2021 | n/a | n/a | -AU$2m |
| Mar 31 2021 | n/a | n/a | -AU$2m |
| Dec 31 2020 | AU$285k | AU$22k | -AU$1m |
Compensation vs Market: Justin's total compensation ($USD196.53K) is below average for companies of similar size in the Australian market ($USD283.99K).
Compensation vs Earnings: Justin's compensation has increased whilst the company is unprofitable.
CEO
Justin Tremain
4.1yrs
Tenure
AU$316,104
Compensation
Mr. Justin Albert Tremain, B. Com. served as Non-Executive Director since July 06, 2020 until November 18, 2021. He serves as Managing Director, CEO and Director at Turaco Gold Limited (formerly known as M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 4.1yrs | AU$316.10k | 1.48% A$ 3.3m | |
| CFO & Company Secretary | less than a year | no data | no data | |
| Chief Operating Officer | 1.2yrs | no data | no data | |
| Chief Geologist | less than a year | no data | no data | |
| Exploration Manager | less than a year | no data | no data |
1.0yrs
Average Tenure
Experienced Management: TCG's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 4.1yrs | AU$316.10k | 1.48% A$ 3.3m | |
| Independent Non-Executive Director | 6.2yrs | AU$40.42k | 0.53% A$ 1.2m | |
| Independent Non-Executive Chairman | 3.5yrs | AU$67.38k | 0.49% A$ 1.1m | |
| Independent Non-Executive Director | 3.4yrs | AU$44.76k | 0.024% A$ 52.5k |
3.8yrs
Average Tenure
Experienced Board: TCG's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 12:36 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Turaco Gold Limited is covered by 2 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.
| Analyst | Institution |
|---|---|
| Trent Allen | Bell Potter |
| Paul Howard | Canaccord Genuity |