Summa Silver Corp.

TSXV:SSVR Stock Report

Market Cap: CA$48.9m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Summa Silver Management

Management criteria checks 3/4

Summa Silver's CEO is Galen McNamara, appointed in May 2020, has a tenure of 5.25 years. total yearly compensation is CA$400.00K, comprised of 75% salary and 25% bonuses, including company stock and options. directly owns 2.2% of the company’s shares, worth CA$1.08M. The average tenure of the management team and the board of directors is 4.8 years and 5.4 years respectively.

Key information

Galen McNamara

Chief executive officer

CA$400.0k

Total compensation

CEO salary percentage75.00%
CEO tenure5.3yrs
CEO ownership2.2%
Management average tenure4.8yrs
Board average tenure5.4yrs

Recent management updates

Recent updates

Analysis Article • Mar 24

Is Summa Silver (CVE:SSVR) In A Good Position To Deliver On Growth Plans?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article • Sep 28

Is Summa Silver (CVE:SSVR) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article • Sep 05

Is Summa Silver (CVE:SSVR) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article • May 11

Will Summa Silver (CVE:SSVR) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

CEO Compensation Analysis

How has Galen McNamara's remuneration changed compared to Summa Silver's earnings?
DateTotal CompensationSalaryCompany Earnings
May 31 2025n/an/a

-CA$4m

Feb 28 2025n/an/a

-CA$3m

Nov 30 2024n/an/a

-CA$3m

Aug 31 2024CA$400kCA$300k

-CA$3m

May 31 2024n/an/a

-CA$3m

Feb 29 2024n/an/a

-CA$3m

Nov 30 2023n/an/a

-CA$3m

Aug 31 2023CA$400kCA$300k

-CA$3m

May 31 2023n/an/a

-CA$3m

Feb 28 2023n/an/a

-CA$3m

Nov 30 2022n/an/a

-CA$4m

Aug 31 2022CA$450kCA$300k

-CA$4m

May 31 2022n/an/a

-CA$4m

Feb 28 2022n/an/a

-CA$4m

Nov 30 2021n/an/a

-CA$4m

Aug 31 2021CA$312kCA$240k

-CA$5m

May 31 2021n/an/a

-CA$6m

Feb 28 2021n/an/a

-CA$4m

Nov 30 2020n/an/a

-CA$3m

Aug 31 2020CA$73kCA$73k

-CA$1m

Compensation vs Market: Galen's total compensation ($USD290.14K) is above average for companies of similar size in the Canadian market ($USD169.65K).

Compensation vs Earnings: Galen's compensation has been consistent with company performance over the past year.

CEO

Galen McNamara (40 yo)

5.3yrs
Tenure
CA$400,000
Compensation

Mr. Galen Stuart McNamara, P.Geo. M.Sc. (Laurentian), B.Sc. (Laurentian) had been a Director at Sanu Gold Corp. since October 21, 2021 until May 21, 2025. He served as Lead Technical Advisor at Kraken Ener...

Leadership Team

NamePositionTenureCompensationOwnership
Galen McNamara
CEO & Director5.3yrsCA$400.00k2.2%
CA$ 1.1m
Martin Bajic
Corporate Secretary5.4yrsCA$105.00k1.1%
CA$ 540.0k
Giordy Belfiore
Investor Relations & Corporate Development Manager3.2yrsno datano data
Chris York
Vice President of Exploration4.3yrsno datano data
Christopher Leslie
Senior Geologistno datano datano data
4.8yrs
Average Tenure

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

Board Members

NamePositionTenureCompensationOwnership
Galen McNamara
CEO & Director5.3yrsCA$400.00k2.2%
CA$ 1.1m
Martin Bajic
Corporate Secretary5.4yrsCA$105.00k1.1%
CA$ 540.0k
Brian Goss
Independent Director5.9yrsCA$18.00k0.37%
CA$ 180.0k
Thomas O'Neill
Independent Director7.4yrsCA$18.00k1.4%
CA$ 684.5k
Michael Konnert
Independent Director5yrsCA$18.00k0.10%
CA$ 50.0k
5.4yrs
Average Tenure
46yo
Average Age

Experienced Board: SSVR's board of directors are considered experienced (5.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/05 00:40
End of Day Share Price 2025/08/01 00:00
Earnings2025/05/31
Annual Earnings2024/08/31

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.

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 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 Github.

Analyst Sources

Summa Silver Corp. is covered by 0 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.