McChip Resources Inc.

TSXV:MCS Stock Report

Market Cap: CA$4.6m

McChip Resources Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Richard McCloskey

Chief executive officer

CA$150.6k

Total compensation

CEO salary percentage82.4%
CEO tenure49.8yrs
CEO ownership37.4%
Management average tenureno data
Board average tenure30.8yrs

Recent management updates

Recent updates

Estimating The Fair Value Of McChip Resources Inc. (CVE:MCS)

Oct 09
Estimating The Fair Value Of McChip Resources Inc. (CVE:MCS)

McChip Resources (CVE:MCS) Will Pay A Smaller Dividend Than Last Year

Jan 15
McChip Resources (CVE:MCS) Will Pay A Smaller Dividend Than Last Year

McChip Resources (CVE:MCS) Has Debt But No Earnings; Should You Worry?

Aug 26
McChip Resources (CVE:MCS) Has Debt But No Earnings; Should You Worry?

Estimating The Fair Value Of McChip Resources Inc. (CVE:MCS)

Jan 17
Estimating The Fair Value Of McChip Resources Inc. (CVE:MCS)

Estimating The Intrinsic Value Of McChip Resources Inc. (CVE:MCS)

May 26
Estimating The Intrinsic Value Of McChip Resources Inc. (CVE:MCS)

Key Things To Consider Before Buying McChip Resources Inc. (CVE:MCS) For Its Dividend

Apr 13
Key Things To Consider Before Buying McChip Resources Inc. (CVE:MCS) For Its Dividend

Why You Might Be Interested In McChip Resources Inc. (CVE:MCS) For Its Upcoming Dividend

Jan 08
Why You Might Be Interested In McChip Resources Inc. (CVE:MCS) For Its Upcoming Dividend

Here's Why We Don't Think McChip Resources's (CVE:MCS) Statutory Earnings Reflect Its Underlying Earnings Potential

Nov 27
Here's Why We Don't Think McChip Resources's (CVE:MCS) Statutory Earnings Reflect Its Underlying Earnings Potential

CEO Compensation Analysis

How has Richard McCloskey's remuneration changed compared to McChip Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

CA$3m

Mar 31 2024n/an/a

CA$388k

Dec 31 2023CA$151kCA$124k

CA$563k

Sep 30 2023n/an/a

-CA$631k

Jun 30 2023n/an/a

-CA$668k

Mar 31 2023n/an/a

-CA$386k

Dec 31 2022CA$151kCA$124k

-CA$375k

Sep 30 2022n/an/a

CA$1m

Jun 30 2022n/an/a

CA$793k

Mar 31 2022n/an/a

CA$3m

Dec 31 2021CA$139kCA$113k

CA$1m

Sep 30 2021n/an/a

CA$725k

Jun 30 2021n/an/a

CA$1m

Mar 31 2021n/an/a

CA$3m

Dec 31 2020CA$139kCA$113k

CA$2m

Sep 30 2020n/an/a

CA$1m

Jun 30 2020n/an/a

CA$1m

Mar 31 2020n/an/a

-CA$2m

Dec 31 2019CA$127kCA$113k

CA$333k

Sep 30 2019n/an/a

-CA$409k

Jun 30 2019n/an/a

-CA$791k

Mar 31 2019n/an/a

-CA$10k

Dec 31 2018CA$140kCA$90k

-CA$331k

Sep 30 2018n/an/a

CA$3m

Jun 30 2018n/an/a

CA$3m

Mar 31 2018n/an/a

CA$3m

Dec 31 2017CA$140kCA$90k

CA$3m

Compensation vs Market: Richard's total compensation ($USD107.64K) is below average for companies of similar size in the Canadian market ($USD169.25K).

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

CEO

Richard McCloskey (73 yo)

49.8yrs

Tenure

CA$150,646

Compensation

Mr. Richard Duncan McCloskey, Bo, B.Sc., MBA, has been the President of Baffinland Iron Mines Limited since July 2002. Mr. McCloskey serves as the Chief Executive Officer and President of McChip Resources...

Board Members

NamePositionTenureCompensationOwnership
Richard McCloskey
CEO, President & Director49.8yrsCA$150.65k37.45%
CA$ 1.7m
Edward Dumond
CFO, Corporate Secretary & Director33.8yrsCA$113.57k1.08%
CA$ 49.4k
Gordon McCreary
Independent Director32.8yrsno data1.19%
CA$ 54.4k
Anthony Weldon
Independent Director28.8yrsno data7.92%
CA$ 361.6k
Timothy Gould
Independent Director18.4yrsno data1.02%
CA$ 46.4k
Douglas Bolton
Independent Director6.1yrsno data0.72%
CA$ 32.8k

30.8yrs

Average Tenure

73yo

Average Age

Experienced Board: MCS's board of directors are seasoned and experienced ( 30.8 years average tenure).