Element 29 Resources Management
Management criteria checks 2/4
Element 29 Resources' CEO is Richard Osmond, appointed in Feb 2024, has a tenure of less than a year. total yearly compensation is CA$36.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.8% of the company’s shares, worth CA$1.36M. The average tenure of the management team and the board of directors is 0.9 years and 0.6 years respectively.
Key information
Richard Osmond
Chief executive officer
CA$36.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | less than a year |
| CEO ownership | 1.8% |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
Recent management updates
Recent updates
Element 29 Resources (CVE:ECU) Is In A Good Position To Deliver On Growth Plans
Nov 29
Is Element 29 Resources (CVE:ECU) In A Good Position To Invest In Growth?
Oct 24We're Hopeful That Element 29 Resources (CVE:ECU) Will Use Its Cash Wisely
Jul 11We Think Element 29 Resources (CVE:ECU) Can Afford To Drive Business Growth
Mar 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$7m |
| Jun 30 2024 | n/a | n/a | -CA$7m |
| Mar 31 2024 | n/a | n/a | -CA$2m |
| Dec 31 2023 | CA$36k | CA$36k | -CA$2m |
| Sep 30 2023 | n/a | n/a | -CA$4m |
| Jun 30 2023 | n/a | n/a | -CA$4m |
| Mar 31 2023 | n/a | n/a | -CA$4m |
| Dec 31 2022 | CA$91k | CA$91k | -CA$5m |
| Sep 30 2022 | n/a | n/a | -CA$4m |
| Jun 30 2022 | n/a | n/a | -CA$4m |
| Mar 31 2022 | n/a | n/a | -CA$4m |
| Dec 31 2021 | CA$219k | CA$83k | -CA$3m |
| Sep 30 2021 | n/a | n/a | -CA$3m |
| Jun 30 2021 | n/a | n/a | -CA$3m |
| Mar 31 2021 | n/a | n/a | -CA$3m |
| Dec 31 2020 | CA$15k | n/a | -CA$2m |
Compensation vs Market: Richard's total compensation ($USD25.03K) is below average for companies of similar size in the Canadian market ($USD166.93K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Osmond (57 yo)
less than a year
Tenure
CA$36,000
Compensation
Mr. Richard T. Osmond, P. Geo., ICD D, 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 Dir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$36.00k | 1.8% CA$ 1.4m | |
| Chief Financial Officer | no data | CA$90.00k | 0.29% CA$ 220.5k | |
| Chief Technical Officer & Country Manager | less than a year | no data | 1.36% CA$ 1.0m | |
| Corporate Secreatry | 1.9yrs | no data | no data |
0.9yrs
Average Tenure
57yo
Average Age
Experienced Management: ECU's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 7.4yrs | CA$36.00k | 1.8% CA$ 1.4m | |
| Independent Director | less than a year | no data | 0.42% CA$ 315.0k | |
| Independent Chair | less than a year | no data | 0.25% CA$ 192.1k | |
| Independent Director | 5.8yrs | CA$21.00k | no data | |
| Independent Director | less than a year | no data | no data |
0.6yrs
Average Tenure
57yo
Average Age
Experienced Board: ECU's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:31 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 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
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Analyst Sources
Element 29 Resources Inc. 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.
| Analyst | Institution |
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