Canadian Gold Corp.

TSXV:CGC Stock Report

Market Cap: CA$66.7m

Canadian Gold Management

Management criteria checks 2/4

Canadian Gold's CEO is Michael Swistun, appointed in Apr 2024, has a tenure of 1.25 years. total yearly compensation is CA$140.51K, comprised of 69.7% salary and 30.3% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth CA$171.86K. The average tenure of the management team and the board of directors is 2.3 years and 2.3 years respectively.

Key information

Michael Swistun

Chief executive officer

CA$140.5k

Total compensation

CEO salary percentage69.66%
CEO tenure1.3yrs
CEO ownership0.3%
Management average tenure2.3yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

We're Not Very Worried About Canadian Gold's (CVE:CGC) Cash Burn Rate

Oct 14
We're Not Very Worried About Canadian Gold's (CVE:CGC) Cash Burn Rate

CEO Compensation Analysis

How has Michael Swistun's remuneration changed compared to Canadian Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-CA$3m

Dec 31 2024CA$141kCA$98k

-CA$3m

Compensation vs Market: Michael's total compensation ($USD101.99K) is below average for companies of similar size in the Canadian market ($USD163.80K).

Compensation vs Earnings: Insufficient data to compare Michael's compensation with company performance.


CEO

Michael Swistun (59 yo)

1.3yrs
Tenure
CA$140,505
Compensation

Mr. Michael J. Swistun, CFA serves as Nominee Director at Canadian Gold Corp since June 18, 2024. He serves as President & CEO of Canadian Gold Corp since April 2024. He is a Vice-President of the general...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Swistun
President1.3yrsCA$140.51k0.26%
CA$ 171.9k
Julio DiGirolamo
Chief Financial Officer8.5yrsCA$50.40k0.10%
CA$ 67.2k
Jennifer Boyle
Executive Vice President2.3yrsCA$103.42k1.17%
CA$ 782.9k
Bill Christie
Head of Communications & Marketingno datano datano data
2.3yrs
Average Tenure
59yo
Average Age

Experienced Management: CGC's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Swistun
President1.1yrsCA$140.51k0.26%
CA$ 171.9k
Wesley Hanson
Member of Advisory Board5yrsCA$16.00k0%
CA$ 0
Peter Shippen
Independent Chairman of the Board6.7yrsCA$16.00k2.77%
CA$ 1.9m
James Downey
Independent Director2yrsCA$16.00k0.0034%
CA$ 2.3k
Alexander McEwen
Independent Director2.3yrsCA$16.00k0.029%
CA$ 19.2k
2.3yrs
Average Tenure
59yo
Average Age

Experienced Board: CGC's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/29 15:29
End of Day Share Price 2025/07/29 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

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Industry and Sector Metrics

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Analyst Sources

Canadian Gold Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.