Omai Gold Mines Corp.

TSXV:OMG Stock Report

Market Cap: CA$116.9m

Omai Gold Mines Management

Management criteria checks 2/4

Omai Gold Mines' CEO is Elaine Ellingham, appointed in Jul 2021, has a tenure of 3.42 years. total yearly compensation is $169.82K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.78% of the company’s shares, worth CA$915.02K. The average tenure of the management team and the board of directors is 3 years and 2.4 years respectively.

Key information

Elaine Ellingham

Chief executive officer

US$169.8k

Total compensation

CEO salary percentage100.0%
CEO tenure3.4yrs
CEO ownership0.8%
Management average tenure3yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

We're Not Worried About Omai Gold Mines' (CVE:OMG) Cash Burn

Dec 20
We're Not Worried About Omai Gold Mines' (CVE:OMG) Cash Burn

Omai Gold Mines (CVE:OMG) Is In A Strong Position To Grow Its Business

Sep 01
Omai Gold Mines (CVE:OMG) Is In A Strong Position To Grow Its Business

Companies Like Omai Gold Mines (CVE:OMG) Could Be Quite Risky

Jan 04
Companies Like Omai Gold Mines (CVE:OMG) Could Be Quite Risky

CEO Compensation Analysis

How has Elaine Ellingham's remuneration changed compared to Omai Gold Mines's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$4m

Jun 30 2024n/an/a

-US$3m

Mar 31 2024n/an/a

-US$3m

Dec 31 2023US$170kUS$170k

-US$3m

Sep 30 2023n/an/a

-US$4m

Jun 30 2023n/an/a

-US$4m

Mar 31 2023n/an/a

-US$5m

Dec 31 2022US$166kUS$166k

-US$5m

Sep 30 2022n/an/a

-US$5m

Jun 30 2022n/an/a

-US$7m

Mar 31 2022n/an/a

-US$7m

Dec 31 2021US$92kUS$72k

-US$7m

Compensation vs Market: Elaine's total compensation ($USD169.82K) is about average for companies of similar size in the Canadian market ($USD164.07K).

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

CEO

Elaine Ellingham (63 yo)

3.4yrs

Tenure

US$169,815

Compensation

Ms. Elaine Ellingham, MBA, MSc., BSc., P.Geo., serves as Director at Omai Gold Mines Corp. since March 19, 2021 and served as its Interim Chief Executive Officer since July 20, 2021 until October 19, 2021....

Leadership Team

NamePositionTenureCompensationOwnership
Elaine Ellingham
President3.4yrsUS$169.82k0.78%
CA$ 915.0k
G. Walker
Chief Financial Officer2.3yrsUS$45.28k0.058%
CA$ 67.5k
Jason Brewster
Vice President of Operations4.2yrsUS$135.85k0.10%
CA$ 121.2k
John Spurney
Chief Geologistno datano datano data
Igor Zonenschein
Corporate Secretary2.7yrsno datano data
Greg Ferron
Vice President of Business Developmentno datano datano data

3.0yrs

Average Tenure

Experienced Management: OMG's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Elaine Ellingham
President3.8yrsUS$169.82k0.78%
CA$ 915.0k
Don Dudek
Independent Chairman2.4yrsno data0.51%
CA$ 600.9k
Renaud Adams
Member of Advisory Board1.7yrsno datano data
Lon Shaver
Director4.1yrsno datano data
Edward William Anwyll
Independent Directorless than a yearno datano data
Derek Macpherson
Directorless than a yearno datano data
Nadine Miller
Independent Director4.2yrsno data0.031%
CA$ 35.7k

2.4yrs

Average Tenure

54yo

Average Age

Experienced Board: OMG's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:21
End of Day Share Price 2024/12/20 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

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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

Omai Gold Mines Corp. is covered by 1 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.

AnalystInstitution
Ryan HanleyLaurentian Bank Securities, Inc.