Nicola Mining Inc.

TSXV:NIM Stock Report

Market Cap: CA$46.7m

Nicola Mining Management

Management criteria checks 2/4

Nicola Mining's CEO is Peter Espig, appointed in Jul 2013, has a tenure of 11.33 years. total yearly compensation is CA$258.00K, comprised of 81.4% salary and 18.6% bonuses, including company stock and options. directly owns 3.38% of the company’s shares, worth CA$1.58M. The average tenure of the management team and the board of directors is 0.8 years and 8.5 years respectively.

Key information

Peter Espig

Chief executive officer

CA$258.0k

Total compensation

CEO salary percentage81.4%
CEO tenure11.3yrs
CEO ownership3.4%
Management average tenureless than a year
Board average tenure8.5yrs

Recent management updates

Recent updates

Here's Why Nicola Mining (CVE:NIM) Can Afford Some Debt

Sep 15
Here's Why Nicola Mining (CVE:NIM) Can Afford Some Debt

Nicola Mining (CVE:NIM) Is Carrying A Fair Bit Of Debt

Jun 29
Nicola Mining (CVE:NIM) Is Carrying A Fair Bit Of Debt

Auditors Have Doubts About Nicola Mining (CVE:NIM)

Mar 08
Auditors Have Doubts About Nicola Mining (CVE:NIM)

Is Nicola Mining (CVE:NIM) A Risky Investment?

Nov 24
Is Nicola Mining (CVE:NIM) A Risky Investment?

CEO Compensation Analysis

How has Peter Espig's remuneration changed compared to Nicola Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$5m

Mar 31 2024n/an/a

-CA$1m

Dec 31 2023CA$258kCA$210k

CA$601k

Sep 30 2023n/an/a

CA$2m

Jun 30 2023n/an/a

CA$3m

Mar 31 2023n/an/a

CA$939k

Dec 31 2022CA$200kCA$180k

-CA$53k

Sep 30 2022n/an/a

-CA$1m

Jun 30 2022n/an/a

-CA$2m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021CA$180kCA$180k

-CA$3m

Sep 30 2021n/an/a

-CA$4m

Jun 30 2021n/an/a

-CA$4m

Mar 31 2021n/an/a

-CA$3m

Dec 31 2020CA$180kCA$180k

-CA$3m

Sep 30 2020n/an/a

-CA$2m

Jun 30 2020n/an/a

-CA$2m

Mar 31 2020n/an/a

CA$2m

Dec 31 2019CA$195kCA$180k

CA$2m

Sep 30 2019n/an/a

CA$473k

Jun 30 2019n/an/a

-CA$505k

Mar 31 2019n/an/a

-CA$5m

Dec 31 2018CA$180kCA$180k

-CA$5m

Sep 30 2018n/an/a

-CA$5m

Jun 30 2018n/an/a

-CA$5m

Mar 31 2018n/an/a

-CA$5m

Dec 31 2017CA$234kCA$214k

-CA$5m

Compensation vs Market: Peter's total compensation ($USD184.58K) is about average for companies of similar size in the Canadian market ($USD167.57K).

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

CEO

Peter Espig (57 yo)

11.3yrs

Tenure

CA$258,000

Compensation

Mr. Peter Espig, M.B.A. serves as Financial Advisor at Forte Minerals Corp. He had been Chief Executive Officer of Sweet Earth Holdings Corporation since March 15, 2019 until July 2023 and had been its Dir...

Leadership Team

NamePositionTenureCompensationOwnership
Peter Espig
President11.3yrsCA$258.00k3.38%
CA$ 1.6m
Sam Wong
Chief Financial Officerless than a yearno datano data
Will Whitty
Vice President of Explorationless than a yearno datano data
Bill Cawker
Company Secretaryless than a yearno datano data

0.8yrs

Average Tenure

Experienced Management: NIM's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Peter Espig
President13.5yrsCA$258.00k3.38%
CA$ 1.6m
Malcolm J. Swallow
Independent Director3.1yrsCA$15.00kno data
Paul Johnston
Independent Director8.5yrsCA$15.00k0.015%
CA$ 7.0k
Brent Omland
Independent Director1.8yrsno datano data
Frank Hogel
Independent Chairman10yrsCA$20.00k0.070%
CA$ 32.8k

8.5yrs

Average Tenure

54.5yo

Average Age

Experienced Board: NIM's board of directors are considered experienced (8.5 years average tenure).