Velocity Minerals Ltd.

TSXV:VLC Stock Report

Market Cap: CA$38.9m

Velocity Minerals Management

Management criteria checks 3/4

Velocity Minerals' CEO is Keith Henderson, appointed in Jul 2017, has a tenure of 9.17 years. total yearly compensation is CA$397.14K, comprised of 82.1% salary and 17.9% bonuses, including company stock and options. directly owns 3.65% of the company’s shares, worth CA$1.42M. The average tenure of the management team and the board of directors is 4.8 years and 9.2 years respectively.

Key information

Keith Henderson

Chief executive officer

CA$397.1k

Total compensation

CEO salary percentage82.12%
CEO tenure9.2yrs
CEO ownership3.7%
Management average tenure4.8yrs
Board average tenure9.2yrs

Recent management updates

Recent updates

Analysis Article • Aug 23

Can Velocity Minerals (CVE:VLC) Afford To Invest In Growth?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article • Nov 02

Is Velocity Minerals (CVE:VLC) In A Good Position To Invest In Growth?

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article • Mar 05

Velocity Minerals Ltd. (CVE:VLC) Insiders Increased Their Holdings

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
Analysis Article • Nov 19

Have Insiders Been Buying Velocity Minerals Ltd. (CVE:VLC) Shares?

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...

CEO Compensation Analysis

How has Keith Henderson's remuneration changed compared to Velocity Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

-CA$2m

Mar 31 2026n/an/a

-CA$2m

Dec 31 2025CA$397kCA$326k

-CA$2m

Sep 30 2025n/an/a

-CA$2m

Jun 30 2025n/an/a

-CA$2m

Mar 31 2025n/an/a

-CA$2m

Dec 31 2024CA$522kCA$306k

-CA$2m

Sep 30 2024n/an/a

-CA$2m

Jun 30 2024n/an/a

-CA$2m

Mar 31 2024n/an/a

-CA$2m

Dec 31 2023CA$362kCA$253k

-CA$2m

Sep 30 2023n/an/a

-CA$2m

Jun 30 2023n/an/a

-CA$2m

Mar 31 2023n/an/a

-CA$2m

Dec 31 2022CA$385kCA$305k

-CA$3m

Sep 30 2022n/an/a

-CA$3m

Jun 30 2022n/an/a

-CA$3m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021CA$359kCA$300k

-CA$2m

Sep 30 2021n/an/a

-CA$2m

Jun 30 2021n/an/a

-CA$2m

Mar 31 2021n/an/a

-CA$2m

Dec 31 2020CA$334kCA$285k

-CA$2m

Sep 30 2020n/an/a

-CA$2m

Jun 30 2020n/an/a

-CA$2m

Mar 31 2020n/an/a

-CA$1m

Dec 31 2019CA$364kCA$250k

-CA$3m

Compensation vs Market: Keith's total compensation ($USD287.59K) is above average for companies of similar size in the Canadian market ($USD150.52K).

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

CEO

Keith Henderson (55 yo)

9.2yrs
Tenure
CA$397,136
Compensation

Mr. Keith J. Henderson, P.Geo., M.Sc., has been Independent Director of Edge Copper Corporation (formerly known as Plata Latina Minerals Corporation) since October 30, 2025. He is Member of Technical Advis...

Leadership Team

NamePositionTenureCompensationOwnership
Keith Henderson
President9.2yrsCA$397.14k3.65%
CA$ 1.4m
Dani Palahanova
Chief Financial Officer2.3yrsCA$143.93kno data
Daniel Marinov
VP of Operations & Director6.1yrsCA$332.02k0.049%
CA$ 18.9k
Joyce Musial
Vice President of Corporate Communications5.3yrsno datano data
Stuart Mills
Director of Geology4.8yrsCA$205.08kno data
Marla Ritchie
Corporate Secretaryno datano datano data
Steven Dean
Advisor4.5yrsno datano data
Michael Hoffman
Advisor3.3yrsCA$24.30kno data
4.8yrs
Average Tenure
64.5yo
Average Age

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

Board Members

NamePositionTenureCompensationOwnership
Keith Henderson
President9.2yrsCA$397.14k3.65%
CA$ 1.4m
Daniel Marinov
VP of Operations & Director9.2yrsCA$332.02k0.049%
CA$ 18.9k
Mark Cruise
Independent Director9.2yrsCA$70.62k0.024%
CA$ 9.4k
Gerrie van der Westhuizen
Director3.8yrsCA$24.10kno data
Michelle Roth
Independent Director2.9yrsCA$72.66kno data
9.2yrs
Average Tenure
55yo
Average Age

Experienced Board: VLC's board of directors are considered experienced (9.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/09 13:07
End of Day Share Price 2026/09/09 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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

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

Velocity Minerals Ltd. 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
Michael CurranBeacon Securities Limited