Prime Mining Management
Management criteria checks 2/4
Prime Mining's CEO is Scott Hicks, appointed in Jan 2024, has a tenure of 1.58 years. total yearly compensation is CA$1.64M, comprised of 23.9% salary and 76.1% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth CA$1.37M. The average tenure of the management team and the board of directors is 3.8 years and 3.9 years respectively.
Key information
Scott Hicks
Chief executive officer
CA$1.6m
Total compensation
| CEO salary percentage | 23.91% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.8yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
We're Not Very Worried About Prime Mining's (TSE:PRYM) Cash Burn Rate
Jul 02
Is Prime Mining (TSE:PRYM) In A Good Position To Deliver On Growth Plans?
Sep 15We Think Prime Mining (TSE:PRYM) Can Afford To Drive Business Growth
Mar 20Prime Mining (CVE:PRYM) Is In A Good Position To Deliver On Growth Plans
Nov 21Is Prime Mining (CVE:PRYM) In A Good Position To Invest In Growth?
Aug 03Is Prime Mining (CVE:PRYM) In A Good Position To Deliver On Growth Plans?
Jul 18Companies Like Prime Mining (CVE:PRYM) Are In A Position To Invest In Growth
Mar 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -CA$19m |
| Dec 31 2024 | CA$2m | CA$392k | -CA$22m |
| Sep 30 2024 | n/a | n/a | -CA$24m |
| Jun 30 2024 | n/a | n/a | -CA$25m |
| Mar 31 2024 | n/a | n/a | -CA$25m |
| Dec 31 2023 | CA$465k | CA$300k | -CA$24m |
| Sep 30 2023 | n/a | n/a | -CA$23m |
| Jun 30 2023 | n/a | n/a | -CA$24m |
| Mar 31 2023 | n/a | n/a | -CA$25m |
| Dec 31 2022 | CA$2m | CA$114k | -CA$27m |
Compensation vs Market: Scott's total compensation ($USD1.19M) is above average for companies of similar size in the Canadian market ($USD683.31K).
Compensation vs Earnings: Scott's compensation has increased whilst the company is unprofitable.
CEO
Scott Hicks (48 yo)
Mr. Scott Hicks, P.Eng. CFA, serves as Chief Executive Officer at Prime Mining Corp. since February 1, 2024 and has been its Director since January 16, 2024. He served as Executive Vice President at Prime...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.6yrs | CA$1.64m | 0.35% CA$ 1.4m | |
| Chief Financial Officer | 5yrs | CA$739.94k | 0.020% CA$ 77.3k | |
| Senior Geologist | no data | CA$317.51k | no data | |
| Executive Advisor & Director | 5.2yrs | CA$217.00k | 5.1% CA$ 19.8m | |
| Technical Advisor & Director | 3.8yrs | CA$245.00k | 0.42% CA$ 1.6m | |
| Executive Vice President of Exploration | 3.9yrs | CA$825.45k | 0.026% CA$ 100.6k | |
| Vice President of Capital Markets & Business Development | 2.6yrs | CA$478.03k | 0.0082% CA$ 31.8k | |
| Senior Geologist | 1.5yrs | no data | no data |
Experienced Management: PRYM's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.6yrs | CA$1.64m | 0.35% CA$ 1.4m | |
| Executive Advisor & Director | 6.3yrs | CA$217.00k | 5.1% CA$ 19.8m | |
| Technical Advisor & Director | 2yrs | CA$245.00k | 0.42% CA$ 1.6m | |
| Independent Director | 5.2yrs | CA$195.00k | 0.45% CA$ 1.7m | |
| Independent Chairman | 5.3yrs | CA$260.00k | 1.77% CA$ 6.9m | |
| Independent Director | 3.4yrs | CA$192.50k | 0.23% CA$ 891.7k | |
| Independent Director | 5.2yrs | CA$185.00k | 0.35% CA$ 1.4m | |
| Independent Director | less than a year | CA$155.61k | no data | |
| Independent Director | 3.9yrs | CA$195.00k | 0.0039% CA$ 15.1k |
Experienced Board: PRYM's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/01 20:31 |
| End of Day Share Price | 2025/08/01 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Prime Mining Corp. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Quast | BMO Capital Markets Equity Research |
| Matthew Murphy | BMO Capital Markets Equity Research |
| John Sclodnick | Desjardins Securities Inc. |