Luminex Resources Corp.

TSXV:LR Stock Report

Market Cap: CA$31.3m

Luminex Resources Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Marshall Koval

Chief executive officer

US$180.9k

Total compensation

CEO salary percentage76.4%
CEO tenure5.4yrs
CEO ownership1.6%
Management average tenureno data
Board average tenure5.4yrs

Recent management updates

Recent updates

Can Luminex Resources (CVE:LR) Afford To Invest In Growth?

Aug 15
Can Luminex Resources (CVE:LR) Afford To Invest In Growth?

Luminex Resources (CVE:LR) Will Have To Spend Its Cash Wisely

Sep 08
Luminex Resources (CVE:LR) Will Have To Spend Its Cash Wisely

Here's Why We're A Bit Worried About Luminex Resources' (CVE:LR) Cash Burn Situation

Jan 28
Here's Why We're A Bit Worried About Luminex Resources' (CVE:LR) Cash Burn Situation

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

Sep 21
Is Luminex Resources (CVE:LR) In A Good Position To Invest In Growth?

We're Keeping An Eye On Luminex Resources' (CVE:LR) Cash Burn Rate

Feb 22
We're Keeping An Eye On Luminex Resources' (CVE:LR) Cash Burn Rate

CEO Compensation Analysis

How has Marshall Koval's remuneration changed compared to Luminex Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-US$10m

Jun 30 2023n/an/a

-US$12m

Mar 31 2023n/an/a

-US$11m

Dec 31 2022US$181kUS$138k

-US$10m

Sep 30 2022n/an/a

-US$10m

Jun 30 2022n/an/a

-US$10m

Mar 31 2022n/an/a

-US$11m

Dec 31 2021US$192kUS$141k

-US$13m

Sep 30 2021n/an/a

-US$13m

Jun 30 2021n/an/a

-US$12m

Mar 31 2021n/an/a

-US$11m

Dec 31 2020US$196kUS$140k

-US$10m

Sep 30 2020n/an/a

-US$11m

Jun 30 2020n/an/a

-US$11m

Mar 31 2020n/an/a

-US$11m

Dec 31 2019US$188kUS$133k

-US$9m

Sep 30 2019n/an/a

-US$11m

Jun 30 2019n/an/a

-US$25m

Dec 31 2018US$96kUS$41k

-US$23m

Compensation vs Market: Marshall's total compensation ($USD180.90K) is about average for companies of similar size in the Canadian market ($USD180.56K).

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

CEO

Marshall Koval (65 yo)

5.4yrs

Tenure

US$180,903

Compensation

Mr. Marshall A. Koval, P.G., serves as Chief Executive Officer at Luminex Resources Corp. and has been its Director since August 27, 2018. He also serves as Chairman of Board at Luminex Resources Corp. He...

Board Members

NamePositionTenureCompensationOwnership
Marshall Koval
Chairman & CEO5.4yrsUS$180.90k1.56%
CA$ 486.9k
Lyle Braaten
VP, Legal Counsel & Director5.8yrsUS$97.84k0.62%
CA$ 193.4k
John Wright
Independent Director5.4yrsUS$13.13k0.43%
CA$ 135.1k
David Farrell
Independent Director5.4yrsUS$13.13k0.16%
CA$ 48.8k
Donald Shumka
Independent Director5.4yrsUS$13.13k0.23%
CA$ 70.6k

5.4yrs

Average Tenure

65yo

Average Age

Experienced Board: LR's board of directors are considered experienced (5.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/01/25 17:26
End of Day Share Price 2024/01/25 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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.

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

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 .

Analyst Sources

Luminex Resources Corp. is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kerry SmithHaywood Securities Inc.
Geordie MarkHaywood Securities Inc.