Mega Uranium Management

Management criteria checks 2/4

Mega Uranium's CEO is Richard Patricio, appointed in Mar 2015, has a tenure of 10.08 years. total yearly compensation is CA$1.41M, comprised of 24.8% salary and 75.2% bonuses, including company stock and options. directly owns 7.81% of the company’s shares, worth CA$7.32M. The average tenure of the management team and the board of directors is 10.1 years and 9.1 years respectively.

Key information

Richard Patricio

Chief executive officer

CA$1.4m

Total compensation

CEO salary percentage24.8%
CEO tenure10.1yrs
CEO ownership7.8%
Management average tenure10.1yrs
Board average tenure9.1yrs

Recent management updates

Recent updates

Mega Uranium (TSE:MGA) Has Debt But No Earnings; Should You Worry?

Dec 19
Mega Uranium (TSE:MGA) Has Debt But No Earnings; Should You Worry?

Is Mega Uranium (TSE:MGA) Weighed On By Its Debt Load?

Dec 09
Is Mega Uranium (TSE:MGA) Weighed On By Its Debt Load?

Is Mega Uranium (TSE:MGA) Using Debt Sensibly?

Aug 24
Is Mega Uranium (TSE:MGA) Using Debt Sensibly?

Is Mega Uranium (TSE:MGA) Using Debt In A Risky Way?

Feb 22
Is Mega Uranium (TSE:MGA) Using Debt In A Risky Way?

Here's Why We're Not At All Concerned With Mega Uranium's (TSE:MGA) Cash Burn Situation

Dec 07
Here's Why We're Not At All Concerned With Mega Uranium's (TSE:MGA) Cash Burn Situation

CEO Compensation Analysis

How has Richard Patricio's remuneration changed compared to Mega Uranium's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

-CA$10m

Sep 30 2024CA$1mCA$350k

-CA$6m

Jun 30 2024n/an/a

CA$6m

Mar 31 2024n/an/a

CA$7m

Dec 31 2023n/an/a

CA$2m

Sep 30 2023CA$797kCA$350k

CA$4m

Jun 30 2023n/an/a

-CA$2m

Mar 31 2023n/an/a

-CA$17m

Dec 31 2022n/an/a

-CA$8m

Sep 30 2022CA$1mCA$331k

-CA$8m

Jun 30 2022n/an/a

-CA$6m

Mar 31 2022n/an/a

CA$7m

Dec 31 2021n/an/a

CA$15m

Sep 30 2021CA$650kCA$275k

CA$21m

Jun 30 2021n/an/a

CA$17m

Mar 31 2021n/an/a

CA$21m

Dec 31 2020n/an/a

CA$5m

Sep 30 2020CA$523kCA$275k

-CA$4m

Jun 30 2020n/an/a

-CA$10m

Mar 31 2020n/an/a

-CA$11m

Dec 31 2019n/an/a

-CA$8m

Sep 30 2019CA$379kCA$275k

-CA$6m

Jun 30 2019n/an/a

-CA$637k

Mar 31 2019n/an/a

-CA$7m

Dec 31 2018n/an/a

-CA$10m

Sep 30 2018CA$422kCA$275k

-CA$8m

Compensation vs Market: Richard's total compensation ($USD1.02M) is above average for companies of similar size in the Canadian market ($USD168.38K).

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


CEO

Richard Patricio (50 yo)

10.1yrs

Tenure

CA$1,411,562

Compensation

Mr. Richard J. Patricio, L.L.B., serves as Member of Advisory Board at Sterling Metals Corp. since 2024. He has been the Chief Executive Officer and President of Mega Uranium Ltd. since March 2015.Mr. Pat...


Leadership Team

NamePositionTenureCompensationOwnership
Richard Patricio
President & CEO10.1yrsCA$1.41m7.81%
CA$ 7.3m
Carmelo Marrelli
Chief Financial Officer9.3yrsCA$146.50k0.24%
CA$ 223.0k
Richard Homsany
Executive Vice President of Australia15yrsCA$376.30k1.18%
CA$ 1.1m
Wendy Warhaft
General Counselno datano datano data

10.1yrs

Average Tenure

53yo

Average Age

Experienced Management: MGA's management team is seasoned and experienced (10.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lawrence Goldberg
Independent Director9.1yrsCA$190.75k0.027%
CA$ 25.0k
Stewart Taylor
Independent Director19.3yrsCA$180.75k1.53%
CA$ 1.4m
Asha Daniere
Independent Director1.1yrsCA$85.50kno data
Albert Contardi
Independent Chairman of the Board9.1yrsCA$240.75k0.86%
CA$ 805.0k
Brigitte Linda Berneche
Independent Director1.1yrsCA$85.50k0.012%
CA$ 11.1k

9.1yrs

Average Tenure

56yo

Average Age

Experienced Board: MGA's board of directors are considered experienced (9.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 22:25
End of Day Share Price 2025/04/23 00:00
Earnings2024/12/31
Annual Earnings2024/09/30

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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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

Mega Uranium Ltd. is covered by 3 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
Geordie MarkHaywood Securities Inc.
Patrick DonnellySalman Partners Inc.
Gajanan PolawarVirtua Research Inc.