Aclara Resources Inc.

TSX:ARA Stock Report

Market Cap: CA$69.1m

Aclara Resources Management

Management criteria checks 1/4

Aclara Resources' CEO is Ramon Costa, appointed in Oct 2021, has a tenure of 3.08 years. total yearly compensation is $1.28M, comprised of 31.2% salary and 68.8% bonuses, including company stock and options. directly owns 1.49% of the company’s shares, worth CA$1.06M. The average tenure of the management team and the board of directors is 2.3 years and 2.3 years respectively.

Key information

Ramon Costa

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage31.2%
CEO tenure3.1yrs
CEO ownership1.5%
Management average tenure2.3yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

Can Aclara Resources (TSE:ARA) Afford To Invest In Growth?

Aug 03
Can Aclara Resources (TSE:ARA) Afford To Invest In Growth?

We're Keeping An Eye On Aclara Resources' (TSE:ARA) Cash Burn Rate

Apr 02
We're Keeping An Eye On Aclara Resources' (TSE:ARA) Cash Burn Rate

Is Aclara Resources (TSE:ARA) In A Good Position To Deliver On Growth Plans?

Dec 14
Is Aclara Resources (TSE:ARA) In A Good Position To Deliver On Growth Plans?

Is Aclara Resources (TSE:ARA) In A Good Position To Invest In Growth?

Jul 22
Is Aclara Resources (TSE:ARA) In A Good Position To Invest In Growth?

Will Aclara Resources (TSE:ARA) Spend Its Cash Wisely?

Apr 05
Will Aclara Resources (TSE:ARA) Spend Its Cash Wisely?

We Think Aclara Resources (TSE:ARA) Needs To Drive Business Growth Carefully

Dec 19
We Think Aclara Resources (TSE:ARA) Needs To Drive Business Growth Carefully

Aclara Resources (TSE:ARA) Is In A Good Position To Deliver On Growth Plans

Sep 01
Aclara Resources (TSE:ARA) Is In A Good Position To Deliver On Growth Plans

We're Hopeful That Aclara Resources (TSE:ARA) Will Use Its Cash Wisely

May 07
We're Hopeful That Aclara Resources (TSE:ARA) Will Use Its Cash Wisely

CEO Compensation Analysis

How has Ramon Costa's remuneration changed compared to Aclara Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$11m

Jun 30 2024n/an/a

-US$11m

Mar 31 2024n/an/a

-US$11m

Dec 31 2023US$1mUS$400k

-US$11m

Sep 30 2023n/an/a

-US$9m

Jun 30 2023n/an/a

-US$10m

Mar 31 2023n/an/a

-US$9m

Dec 31 2022US$1mUS$400k

-US$8m

Sep 30 2022n/an/a

-US$7m

Jun 30 2022n/an/a

-US$4m

Mar 31 2022n/an/a

-US$3m

Dec 31 2021US$4mUS$400k

-US$2m

Compensation vs Market: Ramon's total compensation ($USD1.28M) is above average for companies of similar size in the Canadian market ($USD167.57K).

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

CEO

Ramon Costa (51 yo)

3.1yrs

Tenure

US$1,280,236

Compensation

Mr. Ramon Barua Costa has been Chief Executive Officer at Aclara Resources Inc. since October 2021 and serves as its Director since May 05, 2021. Mr. Barua served as an Independent Director of GoldSpot Dis...

Leadership Team

NamePositionTenureCompensationOwnership
Ramon Costa
CEO & Director3.1yrsUS$1.28m1.49%
CA$ 1.0m
Francois Sauter
Chief Financial Officer3.8yrsUS$491.26k0.081%
CA$ 56.2k
Barry Murphy
Chief Operating Officer3yrsUS$628.25k0.32%
CA$ 220.2k
Jose Palma Garcia Zapatero
Executive Vice Presidentless than a yearUS$75.00k0.22%
CA$ 151.2k
Nelson Donoso
Country Manager of Chile1.5yrsUS$418.42kno data
Bonzi Dos Santos
General Manager of Brazilno dataUS$330.99k0%
CA$ 0
Max Larrain
General Counsel & Corporate Secretary1.8yrsno datano data
Fernando Illanes
Public Affairs Manager2.3yrsno datano data
Florencia Fernandez
Human Resources Managerno datano datano data
Patricio Irribarra
Chief Geologist2.3yrsno datano data
Sebastian Tallarida
Sustainability Managerno datano datano data

2.3yrs

Average Tenure

Experienced Management: ARA's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ramon Costa
CEO & Director3.5yrsUS$1.28m1.49%
CA$ 1.0m
Jorge Born
Independent Directorless than a yearno datano data
Emani Sarma
Independent Director3.1yrsUS$150.00k0.30%
CA$ 207.5k
Paul Adams
Independent Director2.9yrsUS$160.00k0.43%
CA$ 300.3k
Catharine E. Farrow
Independent Lead Director2.9yrsUS$150.00k0.42%
CA$ 290.2k
Joao de Miranda
Independent Directorless than a yearno datano data
Eduardo Hochschild Beeck
Chairman of the Board3.1yrsUS$300.00k37.53%
CA$ 25.9m
Eduardo Navarro
Non-Executive Directorless than a yearno datano data
Maria Recart
Independent Director1.8yrsUS$150.00k0.048%
CA$ 33.1k
Nicolás Hochschild
Non-Independent Director1.5yrsUS$112.50k0.036%
CA$ 24.8k

2.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: ARA's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.