Freeman Gold Corp.

TSXV:FMAN Stock Report

Market Cap: CA$24.0m

Freeman Gold Management

Management criteria checks 2/4

Freeman Gold's CEO is Bassam Moubarak, appointed in Oct 2020, has a tenure of 4.67 years. total yearly compensation is CA$457.50K, comprised of 75.4% salary and 24.6% bonuses, including company stock and options. directly owns 2.36% of the company’s shares, worth CA$566.95K. The average tenure of the management team and the board of directors is 4.7 years and 4.9 years respectively.

Key information

Bassam Moubarak

Chief executive officer

CA$457.5k

Total compensation

CEO salary percentage75.41%
CEO tenure4.7yrs
CEO ownership2.4%
Management average tenure4.7yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

Companies Like Freeman Gold (CVE:FMAN) Are In A Position To Invest In Growth

May 22
Companies Like Freeman Gold (CVE:FMAN) Are In A Position To Invest In Growth

We're Not Worried About Freeman Gold's (CVE:FMAN) Cash Burn

Mar 23
We're Not Worried About Freeman Gold's (CVE:FMAN) Cash Burn

CEO Compensation Analysis

How has Bassam Moubarak's remuneration changed compared to Freeman Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Feb 28 2025n/an/a

-CA$612k

Nov 30 2024CA$458kCA$345k

-CA$32k

Aug 31 2024n/an/a

-CA$1m

May 31 2024n/an/a

-CA$716k

Feb 29 2024n/an/a

-CA$499k

Nov 30 2023CA$345kCA$345k

-CA$2m

Aug 31 2023n/an/a

-CA$277k

May 31 2023n/an/a

-CA$166k

Feb 28 2023n/an/a

CA$2m

Nov 30 2022CA$436kCA$436k

CA$726k

Aug 31 2022n/an/a

CA$286k

May 31 2022n/an/a

-CA$2m

Feb 28 2022n/an/a

-CA$4m

Nov 30 2021CA$417kCA$417k

-CA$3m

Aug 31 2021n/an/a

-CA$5m

May 31 2021n/an/a

-CA$5m

Feb 28 2021n/an/a

-CA$12m

Nov 30 2020CA$53kCA$53k

-CA$11m

Compensation vs Market: Bassam's total compensation ($USD335.25K) is above average for companies of similar size in the Canadian market ($USD165.70K).

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

CEO

Bassam Moubarak (48 yo)

4.7yrs
Tenure
CA$457,500
Compensation

Mr. Bassam Moubarak, CPA, CA, is Director of Palisades Goldcorp Ltd. from February 2025 and serves as its Chief Financial Officer since November 01, 2021. He served as Chief Financial Officer at Radio Fuel...

Leadership Team

NamePositionTenureCompensationOwnership
Paul Matysek
Executive Chairman3.8yrsCA$300.00kno data
Bassam Moubarak
President4.7yrsCA$457.50k2.36%
CA$ 567.0k
Dean Besserer
Vice President of Exploration5yrsCA$192.25k0.15%
CA$ 35.4k
4.7yrs
Average Tenure

Experienced Management: FMAN's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Paul Matysek
Executive Chairman3.8yrsCA$300.00kno data
Bassam Moubarak
President4.7yrsCA$457.50k2.36%
CA$ 567.0k
Victor Cantore
Independent Director5.2yrsCA$40.00k0.83%
CA$ 198.9k
David Keough
Directorless than a yearno datano data
William Randall
Director5.1yrsCA$215.63k2.87%
CA$ 690.6k
Simon Marcotte
Independent Director5.2yrsCA$40.00k0.97%
CA$ 232.4k
4.9yrs
Average Tenure
54.5yo
Average Age

Experienced Board: FMAN's board of directors are considered experienced (4.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/17 22:07
End of Day Share Price 2025/06/17 00:00
Earnings2025/02/28
Annual Earnings2024/11/30

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

Freeman Gold Corp. is covered by 1 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.

AnalystInstitution
Gabriel GonzalezEchelon Wealth Partners Inc.