Grande Portage Resources Ltd.

TSXV:GPG Stock Report

Market Cap: CA$25.2m

Grande Portage Resources Management

Management criteria checks 3/4

Grande Portage Resources' CEO is Ian Klassen, appointed in Apr 2007, has a tenure of 17.75 years. total yearly compensation is CA$230.85K, comprised of 85.8% salary and 14.2% bonuses, including company stock and options. directly owns 2.31% of the company’s shares, worth CA$582.57K. The average tenure of the management team and the board of directors is 9 years and 13.8 years respectively.

Key information

Ian Klassen

Chief executive officer

CA$230.8k

Total compensation

CEO salary percentage85.8%
CEO tenure17.8yrs
CEO ownership2.3%
Management average tenure9yrs
Board average tenure13.8yrs

Recent management updates

Recent updates

We're Keeping An Eye On Grande Portage Resources' (CVE:GPG) Cash Burn Rate

Oct 24
We're Keeping An Eye On Grande Portage Resources' (CVE:GPG) Cash Burn Rate

Will Grande Portage Resources (CVE:GPG) Spend Its Cash Wisely?

Jan 04
Will Grande Portage Resources (CVE:GPG) Spend Its Cash Wisely?

We Think Grande Portage Resources (CVE:GPG) Needs To Drive Business Growth Carefully

May 27
We Think Grande Portage Resources (CVE:GPG) Needs To Drive Business Growth Carefully

Will Grande Portage Resources (CVE:GPG) Spend Its Cash Wisely?

Jan 26
Will Grande Portage Resources (CVE:GPG) Spend Its Cash Wisely?

Will Grande Portage Resources (CVE:GPG) Spend Its Cash Wisely?

Oct 02
Will Grande Portage Resources (CVE:GPG) Spend Its Cash Wisely?

We're Not Very Worried About Grande Portage Resources' (CVE:GPG) Cash Burn Rate

Jan 15
We're Not Very Worried About Grande Portage Resources' (CVE:GPG) Cash Burn Rate

CEO Compensation Analysis

How has Ian Klassen's remuneration changed compared to Grande Portage Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jul 31 2024n/an/a

-CA$987k

Apr 30 2024n/an/a

-CA$748k

Jan 31 2024n/an/a

-CA$1m

Oct 31 2023CA$231kCA$198k

-CA$1m

Jul 31 2023n/an/a

-CA$1m

Apr 30 2023n/an/a

-CA$1m

Jan 31 2023n/an/a

-CA$1m

Oct 31 2022CA$210kCA$177k

-CA$1m

Jul 31 2022n/an/a

-CA$1m

Apr 30 2022n/an/a

-CA$1m

Jan 31 2022n/an/a

-CA$1m

Oct 31 2021CA$552kCA$106k

-CA$1m

Jul 31 2021n/an/a

-CA$1m

Apr 30 2021n/an/a

-CA$1m

Jan 31 2021n/an/a

-CA$1m

Oct 31 2020n/an/a

-CA$1m

Jul 31 2020n/an/a

-CA$1m

Apr 30 2020n/an/a

-CA$816k

Jan 31 2020n/an/a

-CA$774k

Oct 31 2019CA$119kCA$100k

-CA$881k

Jul 31 2019n/an/a

-CA$1m

Apr 30 2019n/an/a

-CA$1m

Jan 31 2019n/an/a

-CA$1m

Oct 31 2018CA$100kCA$100k

-CA$1m

Compensation vs Market: Ian's total compensation ($USD159.75K) is about average for companies of similar size in the Canadian market ($USD163.41K).

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

CEO

Ian Klassen (57 yo)

17.8yrs

Tenure

CA$230,845

Compensation

Mr. Ian Mcculloch Klassen, B.A. (Hons), has been President and Chief Executive Officer at eXeBlock Technology Corporation since January 23, 2022. He is the Chief Executive Officer and Director of Grande Po...

Leadership Team

NamePositionTenureCompensationOwnership
Ian Klassen
President17.8yrsCA$230.85k2.31%
CA$ 582.6k
Michele Pillon
Secretary & CFO8.8yrsCA$93.70k1.05%
CA$ 265.2k
Carl Hale
Director of Exploration9yrsno datano data

9.0yrs

Average Tenure

Experienced Management: GPG's management team is seasoned and experienced (9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ian Klassen
President17.4yrsCA$230.85k2.31%
CA$ 582.6k
Thomas Patton
Member of Advisory Group7.3yrsno datano data
Alistair M. MacLennan
Independent Director19.6yrsCA$79.00k1.93%
CA$ 486.1k
Ronald Handford
Independent Director6.8yrsCA$10.00k0.053%
CA$ 13.4k
Dirk Hagge
Member of Financial Advisory Board15.6yrsno datano data
Douglas Perkins
Independent Director13.8yrsCA$10.00kno data
Will Robinson
Technical Advisor & Member of Advisory Board1.7yrsno datano data

13.8yrs

Average Tenure

72yo

Average Age

Experienced Board: GPG's board of directors are seasoned and experienced ( 13.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 11:18
End of Day Share Price 2025/01/17 00:00
Earnings2024/07/31
Annual Earnings2023/10/31

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 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

Grande Portage Resources Ltd. 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.

AnalystInstitution