Mirasol Resources Management
Management criteria checks 3/4
Mirasol Resources' CEO is Tim Heenan, appointed in Feb 2021, has a tenure of 3.83 years. total yearly compensation is CA$498.83K, comprised of 53.8% salary and 46.2% bonuses, including company stock and options. directly owns 1.65% of the company’s shares, worth CA$747.43K. The average tenure of the management team and the board of directors is 3.4 years and 7.8 years respectively.
Key information
Tim Heenan
Chief executive officer
CA$498.8k
Total compensation
| CEO salary percentage | 53.8% |
| CEO tenure | 3.8yrs |
| CEO ownership | 1.6% |
| Management average tenure | 3.4yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
We're A Little Worried About Mirasol Resources' (CVE:MRZ) Cash Burn Rate
Dec 06
Will Mirasol Resources (CVE:MRZ) Spend Its Cash Wisely?
Mar 07Here's Why We're Watching Mirasol Resources' (CVE:MRZ) Cash Burn Situation
Jul 13Companies Like Mirasol Resources (CVE:MRZ) Are In A Position To Invest In Growth
Dec 22We're Not Very Worried About Mirasol Resources' (CVE:MRZ) Cash Burn Rate
Aug 04We Think Mirasol Resources (CVE:MRZ) Can Afford To Drive Business Growth
Apr 12Here's Why We're Not Too Worried About Mirasol Resources' (CVE:MRZ) Cash Burn Situation
Dec 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$8m |
| Jun 30 2024 | n/a | n/a | -CA$9m |
| Mar 31 2024 | n/a | n/a | -CA$10m |
| Dec 31 2023 | n/a | n/a | -CA$11m |
| Sep 30 2023 | n/a | n/a | -CA$11m |
| Jun 30 2023 | CA$499k | CA$269k | -CA$10m |
| Mar 31 2023 | n/a | n/a | -CA$7m |
| Dec 31 2022 | n/a | n/a | -CA$7m |
| Sep 30 2022 | n/a | n/a | -CA$5m |
| Jun 30 2022 | CA$691k | CA$262k | -CA$5m |
| Mar 31 2022 | n/a | n/a | -CA$5m |
| Dec 31 2021 | n/a | n/a | -CA$5m |
| Sep 30 2021 | n/a | n/a | -CA$5m |
| Jun 30 2021 | CA$254k | CA$254k | -CA$6m |
| Mar 31 2021 | n/a | n/a | -CA$6m |
| Dec 31 2020 | n/a | n/a | -CA$5m |
| Sep 30 2020 | n/a | n/a | -CA$6m |
| Jun 30 2020 | CA$320k | CA$223k | -CA$6m |
| Mar 31 2020 | n/a | n/a | -CA$6m |
| Dec 31 2019 | n/a | n/a | -CA$9m |
| Sep 30 2019 | n/a | n/a | -CA$6m |
| Jun 30 2019 | CA$244k | CA$211k | -CA$7m |
| Mar 31 2019 | n/a | n/a | -CA$5m |
| Dec 31 2018 | n/a | n/a | -CA$3m |
| Sep 30 2018 | n/a | n/a | -CA$4m |
| Jun 30 2018 | CA$227k | CA$202k | -CA$4m |
Compensation vs Market: Tim's total compensation ($USD347.12K) is above average for companies of similar size in the Canadian market ($USD164.07K).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim Heenan (65 yo)
3.8yrs
Tenure
CA$498,833
Compensation
Mr. Timothy William Heenan, also known as Tim, BSc, serves as President at Mirasol Resources Ltd. since April 01, 2021and serves as its Chief Executive Officer and Director since February 05, 2024. He serv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.8yrs | CA$498.83k | 1.65% CA$ 747.4k | |
| CFO & VP | 2.9yrs | CA$253.50k | 0.18% CA$ 84.0k | |
| Vice President of Investor Relations | 2.6yrs | CA$256.80k | 0.26% CA$ 119.8k | |
| Advisor | 5.8yrs | CA$243.04k | no data | |
| Corporate Secretary | no data | no data | no data |
3.4yrs
Average Tenure
65yo
Average Age
Experienced Management: MRZ's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$498.83k | 1.65% CA$ 747.4k | |
| Independent Director | 19.8yrs | CA$75.94k | 0.18% CA$ 81.2k | |
| Independent Director | 9.8yrs | CA$50.74k | 23.52% CA$ 10.7m | |
| Independent Director | 5.8yrs | CA$75.94k | no data | |
| Member of Advisory Board | 18.4yrs | no data | no data | |
| Independent Director | 3.3yrs | CA$75.94k | no data |
7.8yrs
Average Tenure
65yo
Average Age
Experienced Board: MRZ's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:36 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Mirasol Resources Ltd. is covered by 3 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.
| Analyst | Institution |
|---|---|
| Chris Thompson | Haywood Securities Inc. |
| Michael Gray | Macquarie Research |
| Don MacLean | Paradigm Capital, Inc. |