Novo Resources Corp.

CHIA:NVO Stock Report

Market Cap: AU$36.3m

Novo Resources Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Mike Spreadborough

Chief executive officer

CA$561.3k

Total compensation

CEO salary percentage80.0%
CEO tenure2.8yrs
CEO ownership0.2%
Management average tenureno data
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Spreadborough's remuneration changed compared to Novo Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$45m

Jun 30 2024n/an/a

-CA$45m

Mar 31 2024n/an/a

-CA$46m

Dec 31 2023CA$561kCA$449k

-CA$49m

Sep 30 2023n/an/a

CA$53m

Jun 30 2023n/an/a

-CA$631k

Mar 31 2023n/an/a

-CA$11m

Dec 31 2022CA$552kCA$453k

-CA$16m

Sep 30 2022n/an/a

-CA$153m

Jun 30 2022n/an/a

-CA$17m

Mar 31 2022n/an/a

-CA$15m

Dec 31 2021CA$3mCA$236k

-CA$704k

Compensation vs Market: Mike's total compensation ($USD389.92K) is above average for companies of similar size in the Australian market ($USD283.28K).

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

CEO

Mike Spreadborough

2.8yrs

Tenure

CA$561,307

Compensation

Mr. Michael John Spreadborough, also known as Mike, B.Eng. (Mining) (Hons), MBA, served as Non-Executive Director of Evolution Energy Minerals Limited since September 12, 2023 until August 15, 2024 and ser...

Board Members

NamePositionTenureCompensationOwnership
Michael Spreadborough
Executive Co-Chairman & Acting CEO4yrsCA$561.31k0.20%
A$ 72.2k
Gregory Patrick Jones
Independent Non-Executive Director1.3yrsCA$48.48kno data
Quinton Hennigh
Non-Executive Co-Chairman15.3yrsCA$137.22k1.03%
A$ 374.7k
Karen O'Neill
Independent Non-Executive Directorless than a yearno datano data

2.7yrs

Average Tenure

Experienced Board: NVO's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 20:13
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

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 here.

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 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 .

Analyst Sources

Novo Resources Corp. is covered by 1 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.

AnalystInstitution
Philip KerVentum Financial Corp