TRX Gold Management

Management criteria checks 2/4

TRX Gold's CEO is Stephen Mullowney, appointed in Dec 2020, has a tenure of 3.83 years. total yearly compensation is $1.35M, comprised of 27.4% salary and 72.6% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth CA$387.67K. The average tenure of the management team and the board of directors is 3.7 years and 3.8 years respectively.

Key information

Stephen Mullowney

Chief executive officer

US$1.4m

Total compensation

CEO salary percentage27.4%
CEO tenure4yrs
CEO ownership0.3%
Management average tenure3.7yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Investors Holding Back On TRX Gold Corporation (TSE:TRX)

Sep 14
Investors Holding Back On TRX Gold Corporation (TSE:TRX)

TRX Gold's (TSE:TRX) Returns On Capital Are Heading Higher

Apr 03
TRX Gold's (TSE:TRX) Returns On Capital Are Heading Higher

Here's Why We're Not At All Concerned With TRX Gold's (TSE:TRX) Cash Burn Situation

Mar 07
Here's Why We're Not At All Concerned With TRX Gold's (TSE:TRX) Cash Burn Situation

TRX Gold's (TSE:TNX) Returns On Capital Are Heading Higher

Oct 06
TRX Gold's (TSE:TNX) Returns On Capital Are Heading Higher

TRX Gold (TSE:TNX) Might Have The Makings Of A Multi-Bagger

Jun 24
TRX Gold (TSE:TNX) Might Have The Makings Of A Multi-Bagger

TRX Gold Corporation's (TSE:TNX) Price In Tune With Revenues

May 19
TRX Gold Corporation's (TSE:TNX) Price In Tune With Revenues

We Think TRX Gold (TSE:TNX) Can Easily Afford To Drive Business Growth

Apr 17
We Think TRX Gold (TSE:TNX) Can Easily Afford To Drive Business Growth

Is TRX Gold (TSE:TNX) In A Good Position To Invest In Growth?

Jan 14
Is TRX Gold (TSE:TNX) In A Good Position To Invest In Growth?

Is TRX Gold (TSE:TNX) In A Good Position To Deliver On Growth Plans?

Sep 20
Is TRX Gold (TSE:TNX) In A Good Position To Deliver On Growth Plans?

Will Tanzanian Gold (TSE:TNX) Spend Its Cash Wisely?

May 13
Will Tanzanian Gold (TSE:TNX) Spend Its Cash Wisely?

We Think Tanzanian Gold (TSE:TNX) Needs To Drive Business Growth Carefully

Aug 27
We Think Tanzanian Gold (TSE:TNX) Needs To Drive Business Growth Carefully

Will Tanzanian Gold (TSE:TNX) Spend Its Cash Wisely?

May 14
Will Tanzanian Gold (TSE:TNX) Spend Its Cash Wisely?

CEO Compensation Analysis

How has Stephen Mullowney's remuneration changed compared to TRX Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

-US$470k

May 31 2024n/an/a

-US$1m

Feb 29 2024n/an/a

US$251k

Nov 30 2023n/an/a

-US$2m

Aug 31 2023US$1mUS$370k

US$2m

May 31 2023n/an/a

-US$3m

Feb 28 2023n/an/a

-US$123k

Nov 30 2022n/an/a

-US$682k

Aug 31 2022US$1mUS$381k

-US$6m

May 31 2022n/an/a

-US$5m

Feb 28 2022n/an/a

-US$7m

Nov 30 2021n/an/a

-US$5m

Aug 31 2021US$873kUS$297k

-US$4m

Compensation vs Market: Stephen's total compensation ($USD1.35M) is above average for companies of similar size in the Canadian market ($USD164.07K).

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


CEO

Stephen Mullowney (48 yo)

4yrs

Tenure

US$1,350,637

Compensation

Mr. Stephen Mullowney BBA, CFA, CA, CFA serves as the Chief Executive Officer at TRX Gold Corporation (formerly known as Tanzanian Gold Corporation) since December 01, 2020 and serves its Director since Fe...


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Mullowney
CEO & Director4yrsUS$1.35m0.32%
CA$ 387.7k
Michael Leonard
Chief Financial Officer3.8yrsUS$600.69k0.11%
CA$ 136.7k
Christina Lalli
Vice President of Investor Relationsno dataUS$151.69kno data
Khalaf Rashid
Senior Vice President of Tanzania3.6yrsUS$462.44k0.16%
CA$ 186.9k
Richard Boffey
Chief Operating Officerno datano datano data

3.7yrs

Average Tenure

49yo

Average Age

Experienced Management: TRX's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stephen Mullowney
CEO & Director3.8yrsUS$1.35m0.32%
CA$ 387.7k
Richard Steinberg
Independent Director2.8yrsUS$106.90k0.047%
CA$ 56.4k
Shubo Rakhit
Independent Chairman of the Board3.8yrsUS$134.67k0.10%
CA$ 122.5k
Norman Betts
Independent Director19.9yrsUS$112.38k0.15%
CA$ 178.3k

3.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: TRX's board of directors are considered experienced (3.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:11
End of Day Share Price 2024/12/20 00:00
Earnings2024/08/31
Annual Earnings2024/08/31

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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

TRX Gold Corporation is covered by 4 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
Jacob SekelskyAlliance Global Partners
Heiko IhleH.C. Wainwright & Co.
Richard NiehuserRoth MKM