Forte Minerals Management
Management criteria checks 3/4
Forte Minerals' CEO is Patrick Elliott, appointed in Sep 2017, has a tenure of 7.25 years. total yearly compensation is CA$135.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.32% of the company’s shares, worth CA$166.08K. The average tenure of the management team and the board of directors is 3.6 years and 3.6 years respectively.
Key information
Patrick Elliott
Chief executive officer
CA$135.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 7.3yrs |
| CEO ownership | 1.3% |
| Management average tenure | 3.6yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$1m |
| Jun 30 2024 | n/a | n/a | -CA$1m |
| Mar 31 2024 | n/a | n/a | -CA$1m |
| Dec 31 2023 | CA$135k | CA$135k | -CA$1m |
| Sep 30 2023 | n/a | n/a | -CA$1m |
| Jun 30 2023 | n/a | n/a | -CA$1m |
| Mar 31 2023 | n/a | n/a | -CA$1m |
| Dec 31 2022 | CA$132k | CA$132k | -CA$1m |
| Sep 30 2022 | n/a | n/a | -CA$1m |
| Jun 30 2022 | n/a | n/a | -CA$940k |
| Mar 31 2022 | n/a | n/a | -CA$640k |
| Dec 31 2021 | CA$96k | CA$96k | -CA$512k |
| Sep 30 2021 | n/a | n/a | -CA$665k |
| Jun 30 2021 | n/a | n/a | -CA$1m |
| Mar 31 2021 | n/a | n/a | -CA$968k |
| Dec 31 2020 | CA$78k | CA$78k | -CA$851k |
Compensation vs Market: Patrick's total compensation ($USD93.81K) is below average for companies of similar size in the Canadian market ($USD163.59K).
Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.
CEO
Patrick Elliott
7.3yrs
Tenure
CA$135,000
Compensation
Mr. Patrick Elliott, M.Sc. & M.B.A., is Independent Director since December 2024 at Regency Silver Corp. He serves as an Independent Director at Triple One Metals Inc. (formerly known as MLK Gold Ltd.) sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.3yrs | CA$135.00k | 1.32% CA$ 166.1k | |
| Chief Financial Officer | 2.3yrs | CA$42.00k | no data | |
| VP of Corporate Development & Corporate Secretary | 3.6yrs | no data | 0.18% CA$ 22.7k |
3.6yrs
Average Tenure
Experienced Management: CUAU's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.6yrs | CA$135.00k | 1.32% CA$ 166.1k | |
| Independent Director | 11.6yrs | CA$16.00k | 0.066% CA$ 8.3k | |
| Independent Director | 2yrs | CA$16.00k | 0.080% CA$ 10.0k | |
| Independent Director | 3.6yrs | CA$16.00k | 0.080% CA$ 10.0k | |
| Director | 3.6yrs | CA$16.00k | 1.49% CA$ 187.0k | |
| Financial Advisor | no data | no data | no data | |
| Senior Advisor | no data | no data | no data | |
| Lead Energy Advisor | 1.3yrs | no data | no data |
3.6yrs
Average Tenure
59.5yo
Average Age
Experienced Board: CUAU's board of directors are considered experienced (3.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:21 |
| End of Day Share Price | 2024/12/16 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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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
Forte Minerals 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.
| Analyst | Institution |
|---|