Transition Metals Corp.

TSXV:XTM Stock Report

Market Cap: CA$3.6m

Transition Metals Management

Management criteria checks 4/4

Transition Metals' CEO is Scott McLean, appointed in Nov 2009, has a tenure of 15.08 years. total yearly compensation is CA$165.60K, comprised of 91.3% salary and 8.7% bonuses, including company stock and options. directly owns 3.99% of the company’s shares, worth CA$142.79K. The average tenure of the management team and the board of directors is 8.6 years and 11.3 years respectively.

Key information

Scott McLean

Chief executive officer

CA$165.6k

Total compensation

CEO salary percentage91.3%
CEO tenure15.1yrs
CEO ownership4.0%
Management average tenure8.6yrs
Board average tenure11.3yrs

Recent management updates

Recent updates

We're Not So Sure You Should Rely on Transition Metals' (CVE:XTM) Statutory Earnings

Feb 03
We're Not So Sure You Should Rely on Transition Metals' (CVE:XTM) Statutory Earnings

CEO Compensation Analysis

How has Scott McLean's remuneration changed compared to Transition Metals's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

-CA$863k

May 31 2024n/an/a

-CA$928k

Feb 29 2024n/an/a

-CA$1m

Nov 30 2023n/an/a

-CA$1m

Aug 31 2023CA$166kCA$151k

-CA$2m

May 31 2023n/an/a

-CA$3m

Feb 28 2023n/an/a

-CA$4m

Nov 30 2022n/an/a

-CA$3m

Aug 31 2022CA$174kCA$174k

-CA$4m

May 31 2022n/an/a

-CA$4m

Feb 28 2022n/an/a

-CA$2m

Nov 30 2021n/an/a

-CA$405k

Aug 31 2021CA$191kCA$131k

CA$3m

May 31 2021n/an/a

CA$6m

Feb 28 2021n/an/a

CA$5m

Nov 30 2020n/an/a

CA$2m

Aug 31 2020CA$68kCA$68k

CA$459k

May 31 2020n/an/a

-CA$1m

Feb 29 2020n/an/a

-CA$1m

Nov 30 2019n/an/a

-CA$1m

Aug 31 2019CA$90kCA$66k

-CA$2m

May 31 2019n/an/a

-CA$2m

Feb 28 2019n/an/a

-CA$3m

Nov 30 2018n/an/a

-CA$2m

Aug 31 2018CA$133kCA$133k

-CA$2m

Compensation vs Market: Scott's total compensation ($USD115.18K) is below average for companies of similar size in the Canadian market ($USD167.17K).

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

CEO

Scott McLean (62 yo)

15.1yrs

Tenure

CA$165,597

Compensation

Mr. Scott McLean, HBSc., P.Geo., FGC., has been founder at Transition Metals Corp. since 2024. He has been Interim President & Chief Executive Officer at Tesoro Minerals Corp. (formerly known as Auro Resou...

Leadership Team

NamePositionTenureCompensationOwnership
Scott McLean
Co-Founder15.1yrsCA$165.60k3.99%
CA$ 142.8k
Carmelo Marrelli
Chief Financial Officer3.3yrsCA$39.68kno data
Thomas Hart
Vice President of Exploration & Chief Geologistless than a yearCA$179.56kno data
Gregory Collins
Co-Founder & COO14yrsCA$135.79k1.18%
CA$ 42.2k

8.6yrs

Average Tenure

53yo

Average Age

Experienced Management: XTM's management team is seasoned and experienced (8.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Scott McLean
Co-Founder15.1yrsCA$165.60k3.99%
CA$ 142.8k
Thomas Atkins
Independent Director13.8yrsCA$5.75k0.021%
CA$ 750.0
Jason Marks
Independent Director11.3yrsCA$5.75kno data
Brian Montgomery
Independent Director11.3yrsCA$5.75k0.17%
CA$ 6.1k
Ashley Kirwan
Independent Directorless than a yearno datano data
Jordan Black
Directorless than a yearno data0.11%
CA$ 4.0k

11.3yrs

Average Tenure

63.5yo

Average Age

Experienced Board: XTM's board of directors are seasoned and experienced ( 11.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 16:29
End of Day Share Price 2024/12/31 00:00
Earnings2024/08/31
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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Transition Metals 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.

AnalystInstitution