Discovery Silver Management

Management criteria checks 3/4

Discovery Silver's CEO is Tony Makuch, appointed in Jun 2022, has a tenure of 3.17 years. total yearly compensation is CA$2.64M, comprised of 22.7% salary and 77.3% bonuses, including company stock and options. directly owns 1.21% of the company’s shares, worth CA$32.92M. The average tenure of the management team and the board of directors is 1.4 years and 4.3 years respectively.

Key information

Tony Makuch

Chief executive officer

CA$2.6m

Total compensation

CEO salary percentage22.73%
CEO tenure3yrs
CEO ownership1.2%
Management average tenure1.4yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

We're Not Very Worried About Discovery Silver's (TSE:DSV) Cash Burn Rate

Jul 11
We're Not Very Worried About Discovery Silver's (TSE:DSV) Cash Burn Rate

We're Not Very Worried About Discovery Silver's (TSE:DSV) Cash Burn Rate

Apr 09
We're Not Very Worried About Discovery Silver's (TSE:DSV) Cash Burn Rate

Is Discovery Silver (TSE:DSV) In A Good Position To Invest In Growth?

Dec 10
Is Discovery Silver (TSE:DSV) In A Good Position To Invest In Growth?

Will Discovery Silver (TSE:DSV) Spend Its Cash Wisely?

Aug 28
Will Discovery Silver (TSE:DSV) Spend Its Cash Wisely?

Is Discovery Silver (TSE:DSV) In A Good Position To Deliver On Growth Plans?

Apr 27
Is Discovery Silver (TSE:DSV) In A Good Position To Deliver On Growth Plans?

Here's Why We're Not Too Worried About Discovery Silver's (CVE:DSV) Cash Burn Situation

Jan 07
Here's Why We're Not Too Worried About Discovery Silver's (CVE:DSV) Cash Burn Situation

Is Discovery Silver (CVE:DSV) In A Good Position To Deliver On Growth Plans?

Sep 10
Is Discovery Silver (CVE:DSV) In A Good Position To Deliver On Growth Plans?

Discovery Silver (CVE:DSV) Is In A Good Position To Deliver On Growth Plans

May 24
Discovery Silver (CVE:DSV) Is In A Good Position To Deliver On Growth Plans

Discovery Silver (CVE:DSV) Is In A Good Position To Deliver On Growth Plans

Jan 27
Discovery Silver (CVE:DSV) Is In A Good Position To Deliver On Growth Plans

We Think Discovery Silver (CVE:DSV) Can Afford To Drive Business Growth

Oct 20
We Think Discovery Silver (CVE:DSV) Can Afford To Drive Business Growth

We're Not Very Worried About Discovery Silver's (CVE:DSV) Cash Burn Rate

Jun 10
We're Not Very Worried About Discovery Silver's (CVE:DSV) Cash Burn Rate

CEO Compensation Analysis

How has Tony Makuch's remuneration changed compared to Discovery Silver's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-CA$29m

Dec 31 2024CA$3mCA$600k

-CA$21m

Sep 30 2024n/an/a

-CA$19m

Jun 30 2024n/an/a

-CA$16m

Mar 31 2024n/an/a

-CA$12m

Dec 31 2023CA$4mCA$600k

-CA$16m

Sep 30 2023n/an/a

-CA$20m

Jun 30 2023n/an/a

-CA$24m

Mar 31 2023n/an/a

-CA$32m

Dec 31 2022CA$1mCA$277k

-CA$41m

Compensation vs Market: Tony's total compensation ($USD1.93M) is about average for companies of similar size in the Canadian market ($USD2.45M).

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


CEO

Tony Makuch (67 yo)

3yrs
Tenure
CA$2,640,000
Compensation

Mr. Anthony Paul Makuch, B.Sc. M.Sc. M.B.A. ICD.D. P.Eng., also known as Tony, was Independent Non-Executive Chair of Board of Directors at Wallbridge Mining Company Limited since April 04, 2022 until Apri...


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Makuch
President3yrsCA$2.64m1.21%
CA$ 32.9m
Andreas L'Abbe
CFO & Corporate Secretary7.5yrsCA$705.25k0.19%
CA$ 5.2m
Forbes Gemmell
Vice President of Corporate Development5.4yrsCA$782.75k0.071%
CA$ 1.9m
Jennifer Wagner
Executive VP of Corporate Affairs & Sustainability and Directorless than a yearCA$230.00k0.0062%
CA$ 169.7k
Roman Solis
Senior Vice President of Mexico1.4yrsCA$693.88kno data
Pierre Rocque
Chief Operating Officerless than a yearno data0.0024%
CA$ 66.1k
Bindu Satyajit
Corporate Secretary & Manager of Administrative Services1.8yrsno datano data
Mark Utting
Vice President of Investor Relations1.3yrsno data0.12%
CA$ 3.2m
Eric Kallio
Senior VP of Exploration & Growthless than a yearno datano data
1.4yrs
Average Tenure
48yo
Average Age

Experienced Management: DSV's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Anthony Makuch
President3.2yrsCA$2.64m1.21%
CA$ 32.9m
Jennifer Wagner
Executive VP of Corporate Affairs & Sustainability and Director4.3yrsCA$230.00k0.0062%
CA$ 169.7k
Barry Olson
Independent Director1.8yrsCA$210.00kno data
William John
Independent Chairman of the Board8yrsCA$250.00k0.21%
CA$ 5.6m
Michael Neumann
Advisor to the Board1.8yrsno datano data
Jeffrey Parr
Independent Director7.8yrsCA$215.00k0.095%
CA$ 2.6m
Jonathan Gill
Advisor to the Board1.8yrsno datano data
Moira Smith
Independent Director6yrsCA$200.00k0.20%
CA$ 5.3m
Daniel Vickerman
Independent Director5.8yrsCA$195.00k0.030%
CA$ 814.4k
4.3yrs
Average Tenure
67yo
Average Age

Experienced Board: DSV's board of directors are considered experienced (4.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/09 04:27
End of Day Share Price 2025/06/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

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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 Github.

Analyst Sources

Discovery Silver Corp. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Colin HamiltonBMO Capital Markets Equity Research
Kevin O'HalloranBMO Capital Markets Equity Research
Cosmos ChiuCIBC Capital Markets