Surge Battery Metals Inc.

TSXV:NILI Stock Report

Market Cap: CA$59.4m

Surge Battery Metals Management

Management criteria checks 1/4

Surge Battery Metals' CEO is Greg Reimer, appointed in Apr 2021, has a tenure of 3.75 years. total yearly compensation is CA$5.05M, comprised of 4.7% salary and 95.3% bonuses, including company stock and options. directly owns 0.9% of the company’s shares, worth CA$535.50K. The average tenure of the management team and the board of directors is 3.8 years and 1.8 years respectively.

Key information

Greg Reimer

Chief executive officer

CA$5.1m

Total compensation

CEO salary percentage4.7%
CEO tenure3.8yrs
CEO ownership0.9%
Management average tenure3.8yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Greg Reimer's remuneration changed compared to Surge Battery Metals's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$9m

Jun 30 2024n/an/a

-CA$10m

Mar 31 2024n/an/a

-CA$10m

Dec 31 2023CA$5mCA$235k

-CA$9m

Sep 30 2023n/an/a

-CA$8m

Jun 30 2023n/an/a

-CA$5m

Mar 31 2023n/an/a

-CA$3m

Dec 31 2022CA$84kCA$45k

-CA$3m

Sep 30 2022n/an/a

-CA$2m

Jun 30 2022n/an/a

-CA$3m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021CA$48kn/a

-CA$2m

Compensation vs Market: Greg's total compensation ($USD3.50M) is above average for companies of similar size in the Canadian market ($USD166.65K).

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

CEO

Greg Reimer

3.8yrs

Tenure

CA$5,052,885

Compensation

Mr. Gregory Reimer, also known as Greg, serves as President, Chief Executive Officer and Director at Surge Battery Metals Inc. since April 13, 2021. He is Advisor of Fuse Battery Metals Inc. (formerly know...

Leadership Team

NamePositionTenureCompensationOwnership
Gregory Reimer
President3.8yrsCA$5.05m0.90%
CA$ 535.5k
Braden Jensen
Chief Financial Officer1.6yrsCA$87.99kno data
Richard Wilson
Corporate Advisor3.8yrsno datano data
Renata Kubicek
Corporate Secretaryno datano datano data

3.8yrs

Average Tenure

Experienced Management: NILI's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gregory Reimer
President3.8yrsCA$5.05m0.90%
CA$ 535.5k
Graham Harris
Independent Chairman of the Board1.8yrsCA$5.14m3.24%
CA$ 1.9m
Iain Scarr
Independent Director1.7yrsCA$772.92k0.41%
CA$ 241.2k
James Hellwarth
Strategic Advisor3.2yrsno datano data
Vijay Mehta
Independent Director1.6yrsCA$642.73kno data
Terrence O'Connor
Independent Director1.6yrsCA$284.59k0.061%
CA$ 36.0k
Jeremy Hanson
Geological Advisorno datano datano data
Chip Richardson
Strategic Advisor3.5yrsno datano data
Alan Morris
Geological Advisorno datano datano data

1.8yrs

Average Tenure

Experienced Board: NILI's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 09:13
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Surge Battery Metals Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph ReagorRoth MKM