Oroco Resource Management

Management criteria checks 3/4

Oroco Resource's CEO is Richard Lock, appointed in Apr 2022, has a tenure of 2.75 years. total yearly compensation is CA$276.66K, comprised of 98.2% salary and 1.8% bonuses, including company stock and options. directly owns 0.041% of the company’s shares, worth CA$29.01K. The average tenure of the management team and the board of directors is 4.8 years and 4.9 years respectively.

Key information

Richard Lock

Chief executive officer

CA$276.7k

Total compensation

CEO salary percentage98.2%
CEO tenure2.8yrs
CEO ownership0.04%
Management average tenure4.8yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

We Think Oroco Resource (CVE:OCO) Needs To Drive Business Growth Carefully

Jan 20
We Think Oroco Resource (CVE:OCO) Needs To Drive Business Growth Carefully

Here's Why We're Watching Oroco Resource's (CVE:OCO) Cash Burn Situation

Oct 05
Here's Why We're Watching Oroco Resource's (CVE:OCO) Cash Burn Situation

Here's Why We're Not Too Worried About Oroco Resource's (CVE:OCO) Cash Burn Situation

Oct 14
Here's Why We're Not Too Worried About Oroco Resource's (CVE:OCO) Cash Burn Situation

CEO Compensation Analysis

How has Richard Lock's remuneration changed compared to Oroco Resource's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

-CA$4m

May 31 2024CA$277kCA$272k

-CA$3m

Feb 29 2024n/an/a

-CA$3m

Nov 30 2023n/an/a

-CA$3m

Aug 31 2023n/an/a

-CA$4m

May 31 2023CA$218kCA$212k

-CA$5m

Feb 28 2023n/an/a

-CA$7m

Nov 30 2022n/an/a

-CA$7m

Aug 31 2022n/an/a

-CA$7m

May 31 2022CA$33kCA$32k

-CA$8m

Compensation vs Market: Richard's total compensation ($USD192.91K) is about average for companies of similar size in the Canadian market ($USD167.44K).

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


CEO

Richard Lock

2.8yrs

Tenure

CA$276,661

Compensation

Mr. Richard Philip Lock, P. Eng, has been the Chief Executive Officer and a Director of Oroco Resource Corp. since April 2022. Mr. Lock is Independent Director of Intrepid Metals Corp. from December 19, 20...


Leadership Team

NamePositionTenureCompensationOwnership
Craig Dalziel
Executive Chairman15.4yrsCA$116.50k7%
CA$ 4.9m
Richard Lock
CEO & Director2.8yrsCA$276.66k0.041%
CA$ 29.0k
Ian Graham
President & Director4.8yrsCA$175.00k0.38%
CA$ 270.9k
Steven Vanry
CFO & Director15.1yrsCA$79.00k0.018%
CA$ 13.1k
David Rose
Corporate Secretary18.4yrsCA$134.66k3.96%
CA$ 2.8m

4.8yrs

Average Tenure

Experienced Management: OCO's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Craig Dalziel
Executive Chairman15.4yrsCA$116.50k7%
CA$ 4.9m
Richard Lock
CEO & Director2.8yrsCA$276.66k0.041%
CA$ 29.0k
Ian Graham
President & Director4.9yrsCA$175.00k0.38%
CA$ 270.9k
Steven Vanry
CFO & Director4.1yrsCA$79.00k0.018%
CA$ 13.1k
Ian Rice
Independent Director4.5yrsCA$20.00kno data
Stephen Leahy
Independent Director18.2yrsCA$5.00k0.56%
CA$ 395.3k
Robert Friesen
Independent Director17.2yrsCA$8.00k0.15%
CA$ 104.0k

4.9yrs

Average Tenure

68yo

Average Age

Experienced Board: OCO's board of directors are considered experienced (4.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 22:56
End of Day Share Price 2025/01/07 00:00
Earnings2024/08/31
Annual Earnings2024/05/31

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

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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

Oroco Resource Corp. 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
null nullCantor Fitzgerald Canada Corporation