Transition Metals Corp.

TSXV:XTM Stock Report

Market Cap: CA$5.7m

Transition Metals Management

Management criteria checks 4/4

Transition Metals' CEO is Scott McLean, appointed in Nov 2009, has a tenure of 16.83 years. total yearly compensation is CA$139.40K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 3.85% of the company’s shares, worth CA$218.96K. The average tenure of the management team and the board of directors is 10.4 years and 13.1 years respectively.

Key information

Scott McLean

Chief executive officer

CA$139.4k

Total compensation

CEO salary percentage100.00%
CEO tenure16.8yrs
CEO ownership3.9%
Management average tenure10.4yrs
Board average tenure13.1yrs

Recent management updates

Recent updates

Analysis Article • Feb 03

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

As a general rule, we think profitable companies are less risky than companies that lose money. Having said that...

CEO Compensation Analysis

How has Scott McLean's remuneration changed compared to Transition Metals's earnings?
DateTotal CompensationSalaryCompany Earnings
May 31 2026n/an/a

CA$2m

Feb 28 2026n/an/a

CA$3m

Nov 30 2025n/an/a

CA$2m

Aug 31 2025CA$139kCA$139k

CA$2m

May 31 2025n/an/a

-CA$1m

Feb 28 2025n/an/a

-CA$2m

Nov 30 2024n/an/a

-CA$1m

Aug 31 2024CA$192kCA$145k

-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

Compensation vs Market: Scott's total compensation ($USD99.54K) is below average for companies of similar size in the Canadian market ($USD148.81K).

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

CEO

Scott McLean (64 yo)

16.8yrs
Tenure
CA$139,400
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-Founder16.8yrsCA$139.40k3.85%
CA$ 219.0k
Carmelo Marrelli
Chief Financial Officer5yrsCA$36.54kno data
Gregory Collins
Co-Founder & COO15.8yrsCA$135.79k1.12%
CA$ 63.5k
Thomas Hart
Vice President of Exploration & Chief Geologist2.7yrsCA$179.56kno data
10.4yrs
Average Tenure
55yo
Average Age

Experienced Management: XTM's management team is seasoned and experienced (10.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Scott McLean
Co-Founder16.8yrsCA$139.40k3.85%
CA$ 219.0k
Thomas Atkins
Independent Director15.6yrsno data0.017%
CA$ 975.0
Jason Marks
Independent Director13.1yrsno datano data
Brian Montgomery
Independent Director13.1yrsno data0.14%
CA$ 8.0k
Ashley Kirwan
Independent Director2.4yrsno data0.0076%
CA$ 433.2
Jordan Black
Independent Director2.6yrsno data0.091%
CA$ 5.2k
13.1yrs
Average Tenure
65.5yo
Average Age

Experienced Board: XTM's board of directors are seasoned and experienced ( 13.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 09:26
End of Day Share Price 2026/09/18 00:00
Earnings2026/05/31
Annual Earnings2025/08/31

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.

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

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.