Velocity Minerals Ltd.

TSXV:VLC Stock Report

Market Cap: CA$29.4m

Velocity Minerals Management

Management criteria checks 3/4

Velocity Minerals' CEO is Keith Henderson, appointed in Jul 2017, has a tenure of 7.42 years. total yearly compensation is CA$362.11K, comprised of 69.9% salary and 30.1% bonuses, including company stock and options. directly owns 3.81% of the company’s shares, worth CA$1.12M. The average tenure of the management team and the board of directors is 3.1 years and 7.4 years respectively.

Key information

Keith Henderson

Chief executive officer

CA$362.1k

Total compensation

CEO salary percentage69.9%
CEO tenure7.4yrs
CEO ownership3.8%
Management average tenure3.1yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

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

Aug 23
Can Velocity Minerals (CVE:VLC) Afford To Invest In Growth?

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

Nov 02
Is Velocity Minerals (CVE:VLC) In A Good Position To Invest In Growth?

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

Mar 05
Velocity Minerals Ltd. (CVE:VLC) Insiders Increased Their Holdings

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

Nov 19
Have Insiders Been Buying Velocity Minerals Ltd. (CVE:VLC) Shares?

CEO Compensation Analysis

How has Keith Henderson's remuneration changed compared to Velocity Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Sep 30 2019n/an/a

-CA$3m

Jun 30 2019n/an/a

-CA$3m

Mar 31 2019n/an/a

-CA$3m

Dec 31 2018CA$173kCA$150k

-CA$2m

Sep 30 2018n/an/a

-CA$2m

Jun 30 2018n/an/a

-CA$9m

Mar 31 2018n/an/a

-CA$9m

Dec 31 2017CA$452kCA$150k

-CA$9m

Compensation vs Market: Keith's total compensation ($USD251.76K) is above average for companies of similar size in the Canadian market ($USD163.93K).

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

CEO

Keith Henderson (53 yo)

7.4yrs

Tenure

CA$362,106

Compensation

Mr. Keith J. Henderson, P.Geo., M.Sc., has been the Chief Executive Officer and President at Latin Metals Inc. (formerly Centenera Mining Corporation) since June 18, 2015. Mr. Henderson has been the Presid...

Leadership Team

NamePositionTenureCompensationOwnership
Keith Henderson
President7.4yrsCA$362.11k3.81%
CA$ 1.1m
Daniel Marinov
VP of Operations & Director4.3yrsCA$316.03k0.051%
CA$ 14.9k
Michael Hoffman
Advisor1.5yrsCA$24.30kno data
Dani Palahanova
Chief Financial Officerless than a yearno datano data
Joyce Musial
Vice President of Corporate Communications3.5yrsno datano data
Stuart Mills
Director of Geology3.1yrsCA$205.08kno data
Marla Ritchie
Corporate Secretaryno datano datano data
Steven Dean
Advisor2.8yrsno datano data

3.1yrs

Average Tenure

62.5yo

Average Age

Experienced Management: VLC's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Keith Henderson
President7.4yrsCA$362.11k3.81%
CA$ 1.1m
Daniel Marinov
VP of Operations & Director7.4yrsCA$316.03k0.051%
CA$ 14.9k
Mark Cruise
Independent Director7.4yrsCA$46.60k0.025%
CA$ 7.4k
Gerrie van der Westhuizen
Director2yrsCA$23.77kno data
Michelle Roth
Independent Director1.2yrsCA$27.30kno data

7.4yrs

Average Tenure

53yo

Average Age

Experienced Board: VLC's board of directors are considered experienced (7.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 08:16
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

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