Denarius Metals Corp.

NEOE:DMET Stock Report

Market Cap: CA$135.9m

Denarius Metals Management

Management criteria checks 2/4

Denarius Metals' CEO is Federico Restrepo-Solano, appointed in Jan 2025, has a tenure of 1.5 years. total yearly compensation is $697.50K, comprised of 25.8% salary and 74.2% bonuses, including company stock and options. directly owns 1.49% of the company’s shares, worth CA$2.02M. The average tenure of the management team and the board of directors is 2.8 years and 3.8 years respectively.

Key information

Federico Restrepo-Solano

Chief executive officer

US$697.5k

Total compensation

CEO salary percentage25.81%
CEO tenure1.5yrs
CEO ownership1.5%
Management average tenure2.8yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Narrative Update • May 30

Valuation Update (May 2026)

Important Valuation Note This is still an aggressive all-project torque model , not a base-case fair value model. Assumption Value Fully diluted shares 344,738,074 Total GEOs used 840,178 GEOs AISC used US$2,482/oz Gold scenarios US$6,000/oz and US$7,000/oz Multiples used 10×, 15×, 20× Scenario A: Gold at US$6,000/oz Item Calculation Value Gold price — US$6,000/oz AISC — US$2,482/oz Margin per GEO 6,000 – 2,482 US$3,518/GEO Total GEOs — 840,178 GEOs Estimated total project FCF 840,178 × 3,518 US$2.956B Valuation at US$6,000/oz Gold Multiple Implied Market Value Value Per Share 10× FCF US$29.56B US$85.76/share 15× FCF US$44.34B US$128.64/share 20× FCF US$59.12B US$171.52/share Scenario B: Gold at US$7,000/oz Item Calculation Value Gold price — US$7,000/oz AISC — US$2,482/oz Margin per GEO 7,000 – 2,482 US$4,518/GEO Total GEOs — 840,178 GEOs Estimated total project FCF 840,178 × 4,518 US$3.796B Valuation at US$7,000/oz Gold Multiple Implied Market Value Value Per Share 10× FCF US$37.96B US$110.13/share 15× FCF US$56.95B US$165.19/share 20× FCF US$75.91B US$220.26/share Valuation Summary Gold Price Total GEOs Used AISC Used Estimated Total FCF 10× FCF/share 15× FCF/share 20× FCF/share US$6,000/oz 840,178 GEOs US$2,482/oz US$2.956B US$85.76 US$128.64 US$171.52 US$7,000/oz 840,178 GEOs US$2,482/oz US$3.796B US$110.13 US$165.19 US$220.26 Using a more conservative LOM AISC assumption of US$2,482/oz , Denarius Metals still shows very large theoretical upside under a high-gold-price scenario.
Narrative Update • Nov 22

Top Risks Assessment

Critical Risks Dilution risk (Highest risks, but their got proven team) Debenture share settlement. Repeated financing rounds.

CEO Compensation Analysis

How has Federico Restrepo-Solano's remuneration changed compared to Denarius Metals's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$45m

Dec 31 2025US$698kUS$180k

-US$31m

Sep 30 2025n/an/a

-US$19m

Jun 30 2025n/an/a

-US$17m

Mar 31 2025n/an/a

-US$3m

Dec 31 2024US$119kUS$75k

-US$10m

Sep 30 2024n/an/a

-US$21m

Jun 30 2024n/an/a

-US$13m

Mar 31 2024n/an/a

-US$22m

Dec 31 2023US$116kn/a

-US$14m

Sep 30 2023n/an/a

-US$10m

Jun 30 2023n/an/a

-US$10m

Mar 31 2023n/an/a

-US$10m

Dec 31 2022US$14kn/a

-US$7m

Compensation vs Market: Federico's total compensation ($USD697.50K) is above average for companies of similar size in the Canadian market ($USD152.57K).

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

CEO

Federico Restrepo-Solano (57 yo)

1.5yrs
Tenure
US$697,500
Compensation

Mr. Federico Restrepo-Solano is Chief Executive Officer of Denarius Metals Corp. from January 07, 2025 and serves as Director since October 20, 2022 and was its Chief Operating Officer since August 1, 2024...

Leadership Team

NamePositionTenureCompensationOwnership
Serafino Iacono
Executive Chairman5.7yrsUS$804.50k12.87%
CA$ 17.5m
Federico Restrepo-Solano
CEO & Director1.5yrsUS$697.50k1.49%
CA$ 2.0m
Michael Davies
Chief Financial Officer5.4yrsUS$466.25k0.19%
CA$ 255.0k
Amanda Fullerton
General Counsel & Corporate Secretary5.4yrsUS$335.20k0.036%
CA$ 48.4k
Alessandro Cecchi
Vice President of Explorationno dataUS$369.85kno data
Mateo Villegas
President of Zancudo Metals - Colombia1.9yrsUS$354.50kno data
Sasha Villoza
Corporate ESG Manager3.8yrsno datano data
2.8yrs
Average Tenure
57yo
Average Age

Experienced Management: DMET's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Serafino Iacono
Executive Chairman5.7yrsUS$804.50k12.87%
CA$ 17.5m
Federico Restrepo-Solano
CEO & Director3.8yrsUS$697.50k1.49%
CA$ 2.0m
Paul Sparkes
Lead Independent Director5.8yrsUS$182.64kno data
Francisco Sole
Independent Director4.7yrsUS$182.64kno data
Patricia Paba
Independent Director2.1yrsUS$182.64kno data
Margarita Blanco
Independent Directorless than a yearno datano data
Omar Alramah
Independent Directorless than a yearno datano data
3.8yrs
Average Tenure
62yo
Average Age

Experienced Board: DMET's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 18:53
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Denarius Metals 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.