Gold Basin Resources Corporation

TSXV:GXX Stock Report

Market Cap: CA$4.1m

Gold Basin Resources Management

Management criteria checks 2/4

Gold Basin Resources' CEO is Colin Smith, appointed in Jan 2023, has a tenure of 1.83 years. total yearly compensation is CA$214.59K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth CA$11.55K. The average tenure of the management team and the board of directors is 1.8 years and 4 years respectively.

Key information

Colin Smith

Chief executive officer

CA$214.6k

Total compensation

CEO salary percentage100.0%
CEO tenure1.8yrs
CEO ownership0.3%
Management average tenure1.8yrs
Board average tenure4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Colin Smith's remuneration changed compared to Gold Basin Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$2m

Mar 31 2024n/an/a

-CA$2m

Dec 31 2023CA$215kCA$215k

-CA$2m

Compensation vs Market: Colin's total compensation ($USD153.95K) is about average for companies of similar size in the Canadian market ($USD173.45K).

Compensation vs Earnings: Insufficient data to compare Colin's compensation with company performance.


CEO

Colin Smith

1.8yrs

Tenure

CA$214,586

Compensation

Mr. Colin M. Smith is Chief Executive Officer of Gold Basin Resources Corporation from January 9, 2023. He served as Vice President of Exploration at ValOre Metals Corp. since March 2021 until May 2024. He...


Leadership Team

NamePositionTenureCompensationOwnership
Colin Smith
Chief Executive Officer1.8yrsCA$214.59k0.28%
CA$ 11.6k
Charles Straw
President & Executive Director3.7yrsCA$165.07k3.37%
CA$ 136.6k
Mark Lotz
CFO & Corporate Secretaryless than a yearCA$51.83kno data
Kevin Rafferty
Senior Geologist1.8yrsno datano data

1.8yrs

Average Tenure

Experienced Management: GXX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Charles Straw
President & Executive Director4.3yrsCA$165.07k3.37%
CA$ 136.6k
Anthony Balic
Independent Directorless than a yearno datano data
Grant Duddle
Independent Non-Executive Director4yrsCA$37.83k0.58%
CA$ 23.7k

4.0yrs

Average Tenure

Experienced Board: GXX's board of directors are considered experienced (4 years average tenure).