Element 29 Resources Inc.

TSXV:ECU Stock Report

Market Cap: CA$17.1m

Element 29 Resources Management

Management criteria checks 3/4

Element 29 Resources' CEO is Richard Osmond, appointed in Feb 2024, has a tenure of less than a year. total yearly compensation is CA$91.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.9% of the company’s shares, worth CA$324.42K. The average tenure of the management team and the board of directors is 0.3 years and 5.2 years respectively.

Key information

Richard Osmond

Chief executive officer

CA$91.0k

Total compensation

CEO salary percentage100.0%
CEO tenureless than a year
CEO ownership1.9%
Management average tenureless than a year
Board average tenure5.2yrs

Recent management updates

Recent updates

Is Element 29 Resources (CVE:ECU) In A Good Position To Invest In Growth?

Oct 24
Is Element 29 Resources (CVE:ECU) In A Good Position To Invest In Growth?

We're Hopeful That Element 29 Resources (CVE:ECU) Will Use Its Cash Wisely

Jul 11
We're Hopeful That Element 29 Resources (CVE:ECU) Will Use Its Cash Wisely

We Think Element 29 Resources (CVE:ECU) Can Afford To Drive Business Growth

Mar 28
We Think Element 29 Resources (CVE:ECU) Can Afford To Drive Business Growth

CEO Compensation Analysis

How has Richard Osmond's remuneration changed compared to Element 29 Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-CA$2m

Sep 30 2023n/an/a

-CA$4m

Jun 30 2023n/an/a

-CA$4m

Mar 31 2023n/an/a

-CA$4m

Dec 31 2022CA$91kCA$91k

-CA$5m

Sep 30 2022n/an/a

-CA$4m

Jun 30 2022n/an/a

-CA$4m

Mar 31 2022n/an/a

-CA$4m

Dec 31 2021CA$219kCA$83k

-CA$3m

Sep 30 2021n/an/a

-CA$3m

Jun 30 2021n/an/a

-CA$3m

Mar 31 2021n/an/a

-CA$3m

Dec 31 2020CA$15kn/a

-CA$2m

Compensation vs Market: Richard's total compensation ($USD66.14K) is below average for companies of similar size in the Canadian market ($USD174.31K).

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


CEO

Richard Osmond (55 yo)

less than a year

Tenure

CA$91,000

Compensation

Mr. Richard T. Osmond, P. Geo., serves as President of GlobeTrotters Resource Group Inc since November 2009. Mr. Osmond serves as Member of Advisory Board at Tesoro Minerals Corporation. He is a Director a...


Leadership Team

NamePositionTenureCompensationOwnership
Richard Osmond
Chairman & CEOless than a yearCA$91.00k1.9%
CA$ 324.4k
Duane Lo
Chief Financial Officerno dataCA$90.00k0.33%
CA$ 56.0k
Manuel Montoya
Chief Technical Officerless than a yearno data1.48%
CA$ 252.1k
Terese Gieselman
Corporate Secreatry1.3yrsno datano data

0.3yrs

Average Tenure

55yo

Average Age

Experienced Management: ECU's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Richard Osmond
Chairman & CEO6.8yrsCA$91.00k1.9%
CA$ 324.4k
Robert Willis
Directorless than a yearno datano data
Patrick Elliott
Independent Director5.2yrsCA$21.00kno data

5.2yrs

Average Tenure

Experienced Board: ECU's board of directors are considered experienced (5.2 years average tenure).


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