Armory Mining Corp.

CNSX:ARMY Stock Report

Market Cap: CA$6.8m

Armory Mining Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nader Vatanchi

Chief executive officer

CA$120.0k

Total compensation

CEO salary percentage100.0%
CEO tenure2.9yrs
CEO ownership1.0%
Management average tenureno data
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nader Vatanchi's remuneration changed compared to Armory Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

-CA$3m

May 31 2024n/an/a

-CA$4m

Feb 29 2024n/an/a

-CA$4m

Nov 30 2023CA$120kCA$120k

-CA$5m

Aug 31 2023n/an/a

-CA$7m

May 31 2023n/an/a

-CA$5m

Feb 28 2023n/an/a

-CA$6m

Nov 30 2022CA$144kCA$144k

-CA$4m

Aug 31 2022n/an/a

-CA$1m

May 31 2022n/an/a

-CA$3m

Feb 28 2022n/an/a

-CA$11m

Nov 30 2021CA$55kCA$55k

-CA$11m

Compensation vs Market: Nader's total compensation ($USD83.24K) is below average for companies of similar size in the Canadian market ($USD163.59K).

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

CEO

Nader Vatanchi

2.9yrs

Tenure

CA$120,000

Compensation

Mr. Nader Vatanchi Corporate Secretary and Director of West Mining Corp. since June 6, 2023 and its Chief Executive Officer since July 10, 2023 and served as its President since June 2023 until April 2024....

Board Members

NamePositionTenureCompensationOwnership
Nader Vatanchi
CEO, VP of Corporate Finance & Director3.8yrsCA$120.00k1.04%
CA$ 70.8k
Phillip Thomas
Member of Advisory Board3.6yrsCA$245.00kno data
Aaron Wong
Independent Director2.1yrsno datano data
Lawrence Hay
Independent Director3yrsno data0.79%
CA$ 53.9k
Arjun Grewal
Chairmanno datano datano data
Jose Gustavo de Alem
Member of Advisory Board2.1yrsno datano data
Ashish Misquith
Independent Directorless than a yearno data0.16%
CA$ 10.7k

2.1yrs

Average Tenure

Experienced Board: ARMY's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 00:43
End of Day Share Price 2024/12/27 00:00
Earnings2024/08/31
Annual Earnings2023/11/30

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 here.

Analysis Model and Snowflake

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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

Armory Mining Corp. 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.

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