Mega Uranium Ltd.

TSX:MGA Stock Report

Market Cap: CA$146.5m

Mega Uranium Management

Management criteria checks 3/4

Mega Uranium's CEO is Richard Patricio, appointed in Mar 2015, has a tenure of 9.67 years. total yearly compensation is CA$797.30K, comprised of 43.9% salary and 56.1% bonuses, including company stock and options. directly owns 7.08% of the company’s shares, worth CA$10.38M. The average tenure of the management team and the board of directors is 9.7 years and 8.7 years respectively.

Key information

Richard Patricio

Chief executive officer

CA$797.3k

Total compensation

CEO salary percentage43.9%
CEO tenure9.7yrs
CEO ownership7.1%
Management average tenure9.7yrs
Board average tenure8.7yrs

Recent management updates

Recent updates

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
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 ($USD570.42K) is above average for companies of similar size in the Canadian market ($USD169.13K).

Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.

CEO

Richard Patricio (50 yo)

9.7yrs

Tenure

CA$797,300

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 & CEO9.7yrsCA$797.30k7.08%
CA$ 10.4m
Carmelo Marrelli
Chief Financial Officer8.9yrsCA$106.30k0.22%
CA$ 316.8k
Richard Homsany
Executive Vice President of Australia14.6yrsCA$296.12k1.2%
CA$ 1.8m
Wendy Warhaft
General Counselno datano datano data

9.7yrs

Average Tenure

53yo

Average Age

Experienced Management: MGA's management team is seasoned and experienced (9.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Lawrence Goldberg
Independent Director8.7yrsCA$130.45k0.027%
CA$ 39.5k
Stewart Taylor
Independent Director18.8yrsCA$120.45k1.55%
CA$ 2.3m
Asha Daniere
Independent Directorless than a yearno datano data
Albert Contardi
Independent Chairman of the Board8.7yrsCA$180.45k0.75%
CA$ 1.1m
Brigitte Linda Berneche
Independent Directorless than a yearno data0.0067%
CA$ 9.9k

8.7yrs

Average Tenure

56yo

Average Age

Experienced Board: MGA's board of directors are considered experienced (8.7 years average tenure).