G2 Goldfields Management

Management criteria checks 2/4

G2 Goldfields' CEO is Dan Noone, appointed in Feb 2020, has a tenure of 4.83 years. directly owns 3.65% of the company’s shares, worth CA$17.05M. The average tenure of the management team and the board of directors is 4.8 years and 6.1 years respectively.

Key information

Dan Noone

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure4.8yrs
CEO ownership3.7%
Management average tenure4.8yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

Companies Like G2 Goldfields (TSE:GTWO) Are In A Position To Invest In Growth

Dec 13
Companies Like G2 Goldfields (TSE:GTWO) Are In A Position To Invest In Growth

Here's Why We're Watching G2 Goldfields' (TSE:GTWO) Cash Burn Situation

Apr 23
Here's Why We're Watching G2 Goldfields' (TSE:GTWO) Cash Burn Situation

CEO Compensation Analysis

How has Dan Noone's remuneration changed compared to G2 Goldfields's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

-CA$4m

May 31 2024n/an/a

-CA$3m

Feb 29 2024n/an/a

-CA$3m

Nov 30 2023n/an/a

-CA$4m

Aug 31 2023n/an/a

-CA$5m

May 31 2023CA$167kCA$167k

-CA$4m

Feb 28 2023n/an/a

-CA$4m

Nov 30 2022n/an/a

-CA$3m

Aug 31 2022n/an/a

-CA$2m

May 31 2022CA$150kCA$150k

-CA$2m

Feb 28 2022n/an/a

-CA$12m

Nov 30 2021n/an/a

-CA$13m

Aug 31 2021n/an/a

-CA$13m

May 31 2021CA$188kCA$188k

-CA$13m

Feb 28 2021n/an/a

-CA$2m

Nov 30 2020n/an/a

-CA$2m

Aug 31 2020n/an/a

-CA$1m

May 31 2020CA$117kCA$117k

-CA$1m

Feb 29 2020n/an/a

-CA$2m

Nov 30 2019n/an/a

-CA$1m

Aug 31 2019n/an/a

-CA$1m

May 31 2019CA$5kn/a

-CA$1m

Feb 28 2019n/an/a

-CA$524k

Nov 30 2018n/an/a

-CA$538k

Aug 31 2018n/an/a

-CA$592k

May 31 2018CA$10kn/a

-CA$600k

Compensation vs Market: Insufficient data to establish whether Dan's total compensation is reasonable compared to companies of similar size in the Canadian market.

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


CEO

Dan Noone (56 yo)

4.8yrs

Tenure

CA$167,000

Compensation

Mr. Daniel Joseph Noone, B.Sc. Geology, M.B.A., also known as Dan, has been President and Chief Executive Officer at G2 Goldfields Inc. since February 28, 2020. Mr. Noone is Chief Executive Officer at S2 M...


Leadership Team

NamePositionTenureCompensationOwnership
John Sheridan
Executive Chairman6.1yrsCA$215.00k17.07%
CA$ 79.6m
Daniel Noone
President4.8yrsCA$167.00k3.65%
CA$ 17.0m
Carmelo Marrelli
Chief Financial Officer3.4yrsCA$51.71kno data
Torben Michalsen
Chief Operating Officer2.1yrsCA$97.50k0.17%
CA$ 782.0k
Boaz Wade
Vice President of Exploration - Guiana Shield4.8yrsno datano data

4.8yrs

Average Tenure

56yo

Average Age

Experienced Management: GTWO's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Sheridan
Executive Chairman6.1yrsCA$215.00k17.07%
CA$ 79.6m
Daniel Noone
President14.3yrsCA$167.00k3.65%
CA$ 17.0m
Stephen Stow
Independent Director5.7yrsno data2.24%
CA$ 10.4m
Bruce Rosenberg
Independent Director8.4yrsCA$24.00k0.32%
CA$ 1.5m
Carmen Diges
Independent Directorless than a yearno datano data

6.1yrs

Average Tenure

61yo

Average Age

Experienced Board: GTWO's board of directors are considered experienced (6.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 18:57
End of Day Share Price 2024/12/23 00:00
Earnings2024/08/31
Annual Earnings2024/05/31

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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

G2 Goldfields Inc. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph ReagorRoth MKM
Brandon GasparSCP Resource Finance LP
Stephen SoockStifel Canada