Torq Resources Inc.

TSXV:TORQ Stock Report

Market Cap: CA$9.7m

Torq Resources Management

Management criteria checks 3/4

Torq Resources' CEO is Shawn Wallace, appointed in Jun 2022, has a tenure of 2.67 years. total yearly compensation is CA$372.36K, comprised of 95.9% salary and 4.1% bonuses, including company stock and options. directly owns 6.63% of the company’s shares, worth CA$645.88K. The average tenure of the management team and the board of directors is 2.7 years and 5.7 years respectively.

Key information

Shawn Wallace

Chief executive officer

CA$372.4k

Total compensation

CEO salary percentage95.9%
CEO tenure2.7yrs
CEO ownership6.6%
Management average tenure2.7yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

Does Torq Resources (CVE:TORQ) Have A Healthy Balance Sheet?

Sep 27
Does Torq Resources (CVE:TORQ) Have A Healthy Balance Sheet?

Is Torq Resources (CVE:TORQ) A Risky Investment?

Jun 05
Is Torq Resources (CVE:TORQ) A Risky Investment?

We Think Torq Resources (CVE:TORQ) Can Afford To Drive Business Growth

Nov 03
We Think Torq Resources (CVE:TORQ) Can Afford To Drive Business Growth

Companies Like Torq Resources (CVE:TORQ) Are In A Position To Invest In Growth

Jul 21
Companies Like Torq Resources (CVE:TORQ) Are In A Position To Invest In Growth

We're Interested To See How Torq Resources (CVE:TORQ) Uses Its Cash Hoard To Grow

Apr 07
We're Interested To See How Torq Resources (CVE:TORQ) Uses Its Cash Hoard To Grow

Torq Resources (CVE:TORQ) Is In A Strong Position To Grow Its Business

Dec 23
Torq Resources (CVE:TORQ) Is In A Strong Position To Grow Its Business

CEO Compensation Analysis

How has Shawn Wallace's remuneration changed compared to Torq Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$12m

Jun 30 2024n/an/a

-CA$15m

Mar 31 2024n/an/a

-CA$19m

Dec 31 2023CA$372kCA$357k

-CA$19m

Sep 30 2023n/an/a

-CA$19m

Jun 30 2023n/an/a

-CA$18m

Mar 31 2023n/an/a

-CA$14m

Dec 31 2022CA$420kCA$305k

-CA$12m

Sep 30 2022n/an/a

-CA$10m

Jun 30 2022n/an/a

-CA$9m

Mar 31 2022n/an/a

-CA$8m

Dec 31 2021CA$265kCA$265k

-CA$6m

Sep 30 2021n/an/a

-CA$5m

Jun 30 2021n/an/a

-CA$4m

Mar 31 2021n/an/a

-CA$3m

Dec 31 2020CA$119kCA$119k

-CA$2m

Sep 30 2020n/an/a

-CA$2m

Jun 30 2020n/an/a

-CA$2m

Mar 31 2020n/an/a

-CA$2m

Dec 31 2019CA$90kCA$90k

-CA$2m

Sep 30 2019n/an/a

-CA$2m

Jun 30 2019n/an/a

-CA$4m

Mar 31 2019n/an/a

-CA$4m

Dec 31 2018CA$45kCA$45k

-CA$5m

Compensation vs Market: Shawn's total compensation ($USD261.68K) is above average for companies of similar size in the Canadian market ($USD164.61K).

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

CEO

Shawn Wallace (54 yo)

2.7yrs

Tenure

CA$372,355

Compensation

Mr. Shawn Kristen Wallace served as Director at Coppernico Metals Inc. until January 2024 and served as its Chairman of the Board until January 2024. He serves as the Chief Executive Officer of Torq Resour...

Leadership Team

NamePositionTenureCompensationOwnership
Shawn Wallace
CEO & Chairman2.7yrsCA$372.36k6.63%
CA$ 645.9k
Oliver Foeste
Chief Financial Officerless than a yearCA$73.32kno data
Waldo Cuadra
General Manager of Chile & Directorless than a yearCA$224.20kno data
George Nicholson
Vice President of Exploration13.6yrsno datano data
Tracy George
Corporate Secretary4.8yrsno datano data

2.7yrs

Average Tenure

51yo

Average Age

Experienced Management: TORQ's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Shawn Wallace
CEO & Chairman13.8yrsCA$372.36k6.63%
CA$ 645.9k
Waldo Cuadra
General Manager of Chile & Directorless than a yearCA$224.20kno data
Steven Cook
Lead Independent Director13.5yrsCA$50.00k1.41%
CA$ 136.9k
Ana Vargas
Independent Director3.5yrsCA$22.50k0.11%
CA$ 10.5k
Michael Kosowan
Independent Director7.9yrsCA$67.36k5.96%
CA$ 580.7k
Marie-Helene Turgeon
Independent Director3.3yrsCA$22.50k0.030%
CA$ 2.9k

5.7yrs

Average Tenure

Experienced Board: TORQ's board of directors are considered experienced (5.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/23 20:42
End of Day Share Price 2025/02/21 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.

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 Github.

Analyst Sources

Torq Resources Inc. 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
Bereket BerheBeacon Securities Limited