Record Resources Inc.

TSXV:REC Stock Report

Market Cap: CA$11.6m

Record Resources Management

Management criteria checks 2/4

Record Resources' CEO is Michael Judson, appointed in Jul 2022, has a tenure of 3.67 years. total yearly compensation is CA$55.00K, comprised of 45.5% salary and 54.5% bonuses, including company stock and options. directly owns 6.4% of the company’s shares, worth CA$743.99K. The average tenure of the management team and the board of directors is 3.7 years and 2 years respectively.

Key information

Michael Judson

Chief executive officer

CA$55.0k

Total compensation

CEO salary percentage45.45%
CEO tenure3.7yrs
CEO ownership6.4%
Management average tenure3.7yrs
Board average tenure2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Judson's remuneration changed compared to Record Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-CA$2m

Sep 30 2025CA$55kCA$25k

-CA$1m

Jun 30 2025n/an/a

-CA$2m

Mar 31 2025n/an/a

-CA$1m

Dec 31 2024n/an/a

-CA$2m

Sep 30 2024n/an/a

-CA$2m

Jun 30 2024n/an/a

-CA$2m

Mar 31 2024n/an/a

-CA$2m

Dec 31 2023n/an/a

-CA$746k

Sep 30 2023CA$12kCA$12k

-CA$774k

Jun 30 2023n/an/a

CA$232k

Mar 31 2023n/an/a

CA$244k

Dec 31 2022n/an/a

CA$273k

Sep 30 2022CA$59kCA$13k

CA$294k

Compensation vs Market: Michael's total compensation ($USD40.35K) is below average for companies of similar size in the Canadian market ($USD153.59K).

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


CEO

Michael Judson

3.7yrs
Tenure
CA$55,000
Compensation

Mr. Michael C. Judson, ICD D, founded Blue Note Mining Inc. (formerly, Blue Note Metals Inc.) in 2004 and served as its Chief Executive Officer. Mr. Judson served as President of Blue Note Mining Inc., (Fo...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Judson
Chairman & CEO3.7yrsCA$55.00k6.4%
CA$ 744.0k
Alain Mizelle
President & COOless than a yearCA$75.00k4.13%
CA$ 480.0k
Nathalie Kavanagh
CFO & Director4.1yrsCA$15.00kno data
David Johnson
Corporate Secretary & Legal Counsel and Directorno dataCA$30.00k2.29%
CA$ 265.7k
Robert Kramberger
Vice President of Investor Relationsno datano data3.49%
CA$ 405.9k
3.7yrs
Average Tenure

Experienced Management: REC's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Judson
Chairman & CEO12.2yrsCA$55.00k6.4%
CA$ 744.0k
Nathalie Kavanagh
CFO & Director3.7yrsCA$15.00kno data
David Johnson
Corporate Secretary & Legal Counsel and Directorless than a yearCA$30.00k2.29%
CA$ 265.7k
Bill Torr
Independent Directorless than a yearno data0.11%
CA$ 13.3k
Paul Craig
Independent Director12.2yrsCA$15.00k3.35%
CA$ 389.3k
Robin Sutherland
Independent Directorless than a yearno data0.24%
CA$ 28.0k
2.0yrs
Average Tenure

Experienced Board: REC's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/12 05:28
End of Day Share Price 2026/03/12 00:00
Earnings2025/12/31
Annual Earnings2025/09/30

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

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Analyst Sources

Record Resources Inc. is covered by 0 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.