GFG Resources Inc

TSXV:GFG Stock Report

Market Cap: CA$47.0m

GFG Resources Management

Management criteria checks 4/4

GFG Resources' CEO is Brian Skanderbeg, appointed in Jun 2016, has a tenure of 8.58 years. total yearly compensation is CA$215.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.43% of the company’s shares, worth CA$1.14M. The average tenure of the management team and the board of directors is 8.3 years and 8.1 years respectively.

Key information

Brian Skanderbeg

Chief executive officer

CA$215.0k

Total compensation

CEO salary percentage100.0%
CEO tenure8.6yrs
CEO ownership2.4%
Management average tenure8.3yrs
Board average tenure8.1yrs

Recent management updates

Recent updates

Here's Why We're Watching GFG Resources' (CVE:GFG) Cash Burn Situation

Oct 13
Here's Why We're Watching GFG Resources' (CVE:GFG) Cash Burn Situation

Is GFG Resources (CVE:GFG) In A Good Position To Invest In Growth?

Feb 16
Is GFG Resources (CVE:GFG) In A Good Position To Invest In Growth?

CEO Compensation Analysis

How has Brian Skanderbeg's remuneration changed compared to GFG Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024CA$215kCA$215k

-CA$1m

Mar 31 2024n/an/a

-CA$12m

Dec 31 2023n/an/a

-CA$12m

Sep 30 2023n/an/a

-CA$12m

Jun 30 2023CA$215kCA$215k

-CA$12m

Mar 31 2023n/an/a

-CA$1m

Dec 31 2022n/an/a

-CA$1m

Sep 30 2022n/an/a

-CA$929k

Jun 30 2022CA$206kCA$206k

-CA$860k

Mar 31 2022n/an/a

-CA$756k

Dec 31 2021n/an/a

-CA$640k

Sep 30 2021n/an/a

-CA$546k

Jun 30 2021CA$200kCA$200k

-CA$391k

Mar 31 2021n/an/a

-CA$585k

Dec 31 2020n/an/a

-CA$461k

Sep 30 2020n/an/a

-CA$616k

Jun 30 2020CA$200kCA$200k

-CA$807k

Mar 31 2020n/an/a

-CA$827k

Dec 31 2019n/an/a

-CA$958k

Sep 30 2019n/an/a

-CA$833k

Jun 30 2019CA$200kCA$200k

-CA$881k

Mar 31 2019n/an/a

-CA$912k

Dec 31 2018n/an/a

-CA$1m

Sep 30 2018n/an/a

-CA$2m

Jun 30 2018CA$238kCA$238k

-CA$2m

Compensation vs Market: Brian's total compensation ($USD148.82K) is about average for companies of similar size in the Canadian market ($USD166.13K).

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

CEO

Brian Skanderbeg (48 yo)

8.6yrs

Tenure

CA$215,000

Compensation

Mr. Brian N. Skanderbeg, P.Geo., serves as an Independent Director at Wesdome Gold Mines Limited since May 14, 2019. Mr. Skanderbeg serves as Special Advisor to the Board at SKRR Exploration Inc. since Aug...

Leadership Team

NamePositionTenureCompensationOwnership
Brian Skanderbeg
President8.6yrsCA$215.00k2.43%
CA$ 1.1m
Richard Johnson
CFO & Corporate Secretary8.3yrsCA$135.00k0.33%
CA$ 154.3k
Anders Carlson
Vice President of Exploration1.7yrsCA$205.00k0.67%
CA$ 316.0k

8.3yrs

Average Tenure

Experienced Management: GFG's management team is seasoned and experienced (8.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Brian Skanderbeg
President8.3yrsCA$215.00k2.43%
CA$ 1.1m
Patrick Downey
Independent Chairman of the Board8.3yrsCA$22.50k0.59%
CA$ 278.6k
Arnold Klassen
Independent Director8.1yrsCA$18.00k0.23%
CA$ 106.1k
Brian Booth
Independent Director5.4yrsCA$15.00k0.16%
CA$ 77.5k
Lisa Riley
Independent Director3.8yrsCA$15.00k0.089%
CA$ 41.6k

8.1yrs

Average Tenure

64yo

Average Age

Experienced Board: GFG's board of directors are considered experienced (8.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 01:51
End of Day Share Price 2025/01/03 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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 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

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

GFG Resources Inc is covered by 2 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
Ralph ProfitiEight Capital
Michael GrayMacquarie Research