Mineros Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Andres Isaza

Chief executive officer

US$224.0k

Total compensation

CEO salary percentage	61.9%
CEO tenure	no data
CEO ownership	n/a
Management average tenure	no data
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andres Isaza's remuneration changed compared to Mineros's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$75m
Sep 30 2023	n/a	n/a	US$18m
Jun 30 2023	n/a	n/a	US$15m
Mar 31 2023	n/a	n/a	US$9m
Dec 31 2022	US$224k	US$139k	US$56m
Sep 30 2022	n/a	n/a	US$49m
Jun 30 2022	n/a	n/a	US$47m
Mar 31 2022	n/a	n/a	US$41m
Dec 31 2021	US$466k	US$157k	US$43m
Sep 30 2021	n/a	n/a	US$44m
Jun 30 2021	n/a	n/a	US$62m
Mar 31 2021	n/a	n/a	US$61m
Dec 31 2020	US$355k	US$151k	US$69m
Sep 30 2020	n/a	n/a	US$58m
Jun 30 2020	n/a	n/a	US$50m
Mar 31 2020	n/a	n/a	US$40m
Dec 31 2019	US$361k	US$204k	US$38m
Sep 30 2019	n/a	n/a	US$58m
Jun 30 2019	n/a	n/a	US$49m
Mar 31 2019	n/a	n/a	US$53m
Dec 31 2018	US$351k	US$236k	US$52m

Compensation vs Market: Andres's total compensation ($USD224.00K) is below average for companies of similar size in the CO market ($USD329.35K).

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

CEO

Andres Isaza

no data

Tenure

US$224,003

Compensation

Mr. Andrés Restrepo Isaza serves as President and Chief Executive Officer of Mineros S.A. and served as its Director and served as its Legal Representative until November 2021. He served as the President a...

Board Members

Name	Position	Tenure	Compensation	Ownership
Alberto Hernandez	Independent Vice Chairman	29.2yrs	US$52.50k	0.68% $ 6.2b
Álvaro Escobar Restrepo	Alternate Director	no data	no data	no data
Sofia Bianchi	Independent Director	less than a year	no data	no data
Eduardo Pacheco Cortes	Independent Chairman of the Board	19.2yrs	US$75.00k	0.11% $ 1.0b
Carlos Pacheco Cortés	Alternate Director	no data	no data	no data
Carlos Caballero Argáez	Alternate Director	no data	no data	no data
Lucia Taborda Giraldo	Independent Director	2.2yrs	US$45.00k	no data
Marco Izquierdo Llanos	Independent Director	less than a year	no data	no data
Juan Mejia	Independent Director	less than a year	no data	0.19% $ 1.7b
Michael Doyle	Independent Director	less than a year	no data	no data
Mauricio Zuluaga	Independent Director	less than a year	no data	no data
Daniel Villamil	Independent Director	less than a year	no data	no data

0.2yrs

Average Tenure

Experienced Board: MINEROS's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.

Mineros Management

Management criteria checks 2/4

Key information

Recent management updates

High number of new and inexperienced directors

Mineros S.A., Annual General Meeting, Mar 26, 2024

Insufficient new directors

Mineros S.A., Annual General Meeting, Mar 30, 2023

Mineros S.A. Appoints Luis Villa as Vice President, Nicaragua, Effective October 1, 2022

President & Legal Representative recently bought Col$574m worth of stock

Recent updates

High number of new and inexperienced directors

Dividend of US$0.025 announced

Upcoming dividend of US$0.025 per share

Mineros S.A. Announces Extraordinary Dividend, Payable on April 18, 2024, July 18, 2024, October 17, 2024 and January 16, 2025

Investor sentiment improves as stock rises 16%

Now 23% undervalued

New minor risk - Share price stability

Investor sentiment improves as stock rises 20%

Fourth quarter dividend of US$0.0037 announced

Full year 2023 earnings released

Mineros S.A., Annual General Meeting, Mar 26, 2024

Now 21% undervalued

Mineros S.A. Provides Consolidated Production Guidance for the Year 2024

Upcoming dividend of US$0.018 per share at 14% yield

Price target decreased by 12% to Col$4,500

Mineros S.A. Provides Production Guidance for the Full Year 2023

Mineros S.A. Announces Resumption of Operations at Hemco Property in Nicaragua

Second quarter 2023 earnings released

Upcoming dividend of US$0.018 per share at 16% yield

First quarter 2023 earnings released

Insufficient new directors

Upcoming dividend of US$0.018 per share at 14% yield

Investor sentiment improves as stock rises 17%

Full year 2022 earnings released: EPS: US$0.015 (vs US$0.16 in FY 2021)

Mineros S.A., Annual General Meeting, Mar 30, 2023

Upcoming dividend of US$0.016 per share

Price target decreased to Col$3,825

Mineros S.A. Announces Workforce Reduction in Argentina

Mineros S.A. to Report Q2, 2022 Results on Aug 03, 2022

Mineros S.A. Appoints Luis Villa as Vice President, Nicaragua, Effective October 1, 2022

Mineros S.A. Announces Initial Mineral Resource Estimate for Luna Roja Deposit, Nicaragua

Mineros Reports All On-Site Operations Have Been Suspended While the Company and Authorities Investigate the Accident

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.026 per share

Mineros S.A. Approves Annual Ordinary 2022 Dividend, Payable on July 22, 2022, October 20, 2022 and January 20, 2023 Respectively

Full year 2021 earnings: Revenues exceed analyst expectations

Mineros S.A. Provides Production Guidance for the Year 2022

Upcoming dividend of US$0.015 per share

Mineros S.A. Announces Results from the First Three Drill Holes of A Follow-Up Drilling Program At the Guintar-Niverengo Margaritas Exploration Target in Colombia

President & Legal Representative recently bought Col$574m worth of stock

Third quarter 2021 earnings released

Upcoming dividend of US$0.015 per share

Second quarter 2021 earnings released

Upcoming dividend of US$0.015 per share

New 90-day high: Col$4,360

Upcoming Dividend of Col$48.25 Per Share

New 90-day high: Col$4,091

New 90-day high: Col$3,980

Upcoming Dividend of Col$48.25 Per Share

Mineros S.A. to Report Q3, 2020 Results on Nov 11, 2020

First half earnings released

New 90-day high - Col$3,980

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure