ATAC Resources Ltd.

TSXV:ATC Stock Report

Market Cap: CA$27.7m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

ATAC Resources Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Graham Downs

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure16.3yrs
CEO ownership0.2%
Management average tenureno data
Board average tenure7.1yrs

Recent management updates

Recent updates

Analysis Article • Sep 02

We're Not Very Worried About ATAC Resources' (CVE:ATC) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article • Mar 01

We Think ATAC Resources (CVE:ATC) Can Easily Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

CEO Compensation Analysis

How has Graham Downs's remuneration changed compared to ATAC Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

-CA$6m

Dec 31 2022n/an/a

-CA$6m

Sep 30 2022n/an/a

-CA$6m

Jun 30 2022n/an/a

-CA$5m

Mar 31 2022n/an/a

-CA$4m

Dec 31 2021CA$245kCA$225k

-CA$4m

Sep 30 2021n/an/a

-CA$105m

Jun 30 2021n/an/a

-CA$104m

Mar 31 2021n/an/a

-CA$103m

Dec 31 2020CA$253kCA$229k

-CA$103m

Sep 30 2020n/an/a

-CA$1m

Jun 30 2020n/an/a

-CA$990k

Mar 31 2020n/an/a

-CA$1m

Dec 31 2019CA$261kCA$229k

-CA$1m

Sep 30 2019n/an/a

-CA$1m

Jun 30 2019n/an/a

-CA$2m

Mar 31 2019n/an/a

-CA$3m

Dec 31 2018CA$322kCA$229k

-CA$4m

Sep 30 2018n/an/a

-CA$5m

Jun 30 2018n/an/a

-CA$6m

Mar 31 2018n/an/a

-CA$5m

Dec 31 2017CA$297kCA$229k

-CA$4m

Sep 30 2017n/an/a

-CA$3m

Jun 30 2017n/an/a

-CA$355k

Mar 31 2017n/an/a

-CA$136k

Dec 31 2016CA$212kCA$79k

-CA$663k

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

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

CEO

Graham Downs (50 yo)

16.3yrs
Tenure
CA$245,000
Compensation

Mr. Graham Nolan Downs serves as Director of Arcus Development Group Inc. since February 23, 2023. He has been the Chief Executive Officer of ATAC Resources Ltd, since March 12, 2007 and its President sinc...

Board Members

NamePositionTenureCompensationOwnership
Graham Downs
Presidentless than a yearCA$245.00k0.17%
CA$ 46.3k
Glenn Yeadon
Secretary & Director16.3yrsCA$105.75k0.23%
CA$ 63.4k
Donald Poirier
Independent Director7.1yrsCA$18.00k0.045%
CA$ 12.5k
Bruce Youngman
Independent Director13.1yrsCA$18.00k0.072%
CA$ 20.0k
Robert Carne
Chairman24.8yrsCA$33.05kno data
James Gray
Director1.8yrsCA$20.00k0.045%
CA$ 12.5k
Maureen Upton
Director1.1yrsno datano data
7.1yrs
Average Tenure
64.5yo
Average Age

Experienced Board: ATC's board of directors are considered experienced (7.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/11 23:37
End of Day Share Price 2023/07/06 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

ATAC Resources Ltd. is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael GrayMacquarie Research
David SadowskiRaymond James Ltd.
Michael CurranRBC Capital Markets