West Red Lake Gold Mines Management
Management criteria checks 0/4
West Red Lake Gold Mines' CEO is Shane Williams, appointed in Jun 2023, has a tenure of 1.5 years. total yearly compensation is CA$360.00K, comprised of 50% salary and 50% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth CA$1.00M. The average tenure of the management team and the board of directors is 1.3 years and 1.5 years respectively.
Key information
Shane Williams
Chief executive officer
CA$360.0k
Total compensation
| CEO salary percentage | 50.0% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.5% |
| Management average tenure | 1.3yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | -CA$83m |
| May 31 2024 | n/a | n/a | -CA$67m |
| Feb 29 2024 | n/a | n/a | -CA$46m |
| Nov 30 2023 | CA$360k | CA$180k | -CA$33m |
Compensation vs Market: Shane's total compensation ($USD250.51K) is above average for companies of similar size in the Canadian market ($USD164.07K).
Compensation vs Earnings: Insufficient data to compare Shane's compensation with company performance.
CEO
Shane Williams (49 yo)
1.5yrs
Tenure
CA$360,000
Compensation
Mr. Shane James Williams B.ENG., M.SC. had been Chief Operating Officer at Skeena Resources Limited since June 1, 2020 until January 11, 2023. He serves as President and Chief Executive Officer at West Red...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Non-Independent Chairman | 12.2yrs | CA$285.00k | 0.082% CA$ 151.6k | |
| President | 1.5yrs | CA$360.00k | 0.54% CA$ 1.0m | |
| Chief Financial Officer | 1.1yrs | CA$217.14k | 0.053% CA$ 98.0k | |
| Vice President of Technical Services | 1.9yrs | CA$137.50k | 0.016% CA$ 28.8k | |
| Vice President Exploration | 1.8yrs | CA$235.88k | 0.027% CA$ 50.5k | |
| Corporate Secretary | 1.1yrs | CA$90.00k | 0.060% CA$ 111.6k | |
| Vice President of Communications | less than a year | no data | 0.063% CA$ 115.8k | |
| Vice President Corporate Development | less than a year | no data | 0.0023% CA$ 4.2k |
1.3yrs
Average Tenure
51yo
Average Age
Experienced Management: WRLG's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Non-Independent Chairman | 12.2yrs | CA$285.00k | 0.082% CA$ 151.6k | |
| President | less than a year | CA$360.00k | 0.54% CA$ 1.0m | |
| Independent Director | 8.5yrs | CA$16.50k | 0.016% CA$ 30.1k | |
| Independent Director | 1.5yrs | CA$9.00k | 0.031% CA$ 58.0k | |
| Independent Director | 1.5yrs | CA$8.25k | no data | |
| Independent Director | 2yrs | CA$136.50k | 0.075% CA$ 138.5k | |
| Independent Director | 1.4yrs | CA$6.00k | 0.0094% CA$ 17.4k |
1.5yrs
Average Tenure
62yo
Average Age
Experienced Board: WRLG's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2023/11/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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Industry and Sector Metrics
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Analyst Sources
West Red Lake Gold Mines Ltd. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Cantor Fitzgerald Canada Corporation |
| null null | Raymond James Ltd. |
| Craig Stanley | Raymond James Ltd. |