Here's Why We Think G2 Goldfields Inc.'s (TSE:GTWO) CEO Compensation Looks Fair for the time being

Key Insights

• G2 Goldfields will host its Annual General Meeting on 27th of November
• Total pay for CEO Dan Noone includes CA$315.0k salary
• The overall pay is comparable to the industry average
• Over the past three years, G2 Goldfields' EPS fell by 28% and over the past three years, the total shareholder return was 646%

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Under the guidance of CEO Dan Noone, G2 Goldfields Inc. (TSE:GTWO) has performed reasonably well recently. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 27th of November. Based on our analysis of the data below, we think CEO compensation seems reasonable for now.

View our latest analysis for G2 Goldfields

How Does Total Compensation For Dan Noone Compare With Other Companies In The Industry?

According to our data, G2 Goldfields Inc. has a market capitalization of CA$1.3b, and paid its CEO total annual compensation worth CA$1.2m over the year to May 2025. We note that's a decrease of 14% compared to last year. While we always look at total compensation first, our analysis shows that the salary component is less, at CA$315k.

For comparison, other companies in the Canadian Metals and Mining industry with market capitalizations ranging between CA$564m and CA$2.3b had a median total CEO compensation of CA$1.5m. So it looks like G2 Goldfields compensates Dan Noone in line with the median for the industry. Moreover, Dan Noone also holds CA$41m worth of G2 Goldfields stock directly under their own name, which reveals to us that they have a significant personal stake in the company.

Speaking on an industry level, all of total compensation represents salary, while non-salary remuneration is completely ignored. It's interesting to note that G2 Goldfields allocates a smaller portion of compensation to salary in comparison to the broader industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.

G2 Goldfields Inc.'s Growth

Over the last three years, G2 Goldfields Inc. has shrunk its earnings per share by 28% per year. In the last year, its revenue is up 24%.

The decrease in EPS could be a concern for some investors. But in contrast the revenue growth is strong, suggesting future potential for EPS growth. These two metrics are moving in different directions, so while it's hard to be confident judging performance, we think the stock is worth watching. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..

Has G2 Goldfields Inc. Been A Good Investment?

We think that the total shareholder return of 646%, over three years, would leave most G2 Goldfields Inc. shareholders smiling. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

To Conclude...

The overall company performance has been commendable, however there are still areas for improvement. Despite robust revenue growth, until EPS growth improves, shareholders may be hesitant to increase CEO pay by too much.

It is always advisable to analyse CEO pay, along with performing a thorough analysis of the company's key performance areas. That's why we did our research, and identified 2 warning signs for G2 Goldfields (of which 1 doesn't sit too well with us!) that you should know about in order to have a holistic understanding of the stock.

Important note: G2 Goldfields is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE and low debt.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.