Amaroq Minerals Ltd.

DB:72Q Stock Report

Market Cap: €431.6m

Amaroq Minerals Management

Management criteria checks 2/4

Amaroq Minerals' CEO is Eldur Olafsson, appointed in Apr 2017, has a tenure of 7.67 years. total yearly compensation is CA$1.55M, comprised of 46.1% salary and 53.9% bonuses, including company stock and options. directly owns 1.05% of the company’s shares, worth €4.51M. The average tenure of the management team and the board of directors is 1.2 years and 3.5 years respectively.

Key information

Eldur Olafsson

Chief executive officer

CA$1.6m

Total compensation

CEO salary percentage46.1%
CEO tenure7.7yrs
CEO ownership1.0%
Management average tenure1.2yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eldur Olafsson's remuneration changed compared to Amaroq Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$32m

Jun 30 2024n/an/a

-CA$25m

Mar 31 2024n/an/a

-CA$7m

Dec 31 2023CA$2mCA$716k

-CA$834k

Sep 30 2023n/an/a

CA$9m

Jun 30 2023n/an/a

CA$9m

Mar 31 2023n/an/a

-CA$21m

Dec 31 2022CA$1mCA$345k

-CA$22m

Sep 30 2022n/an/a

-CA$27m

Jun 30 2022n/an/a

-CA$27m

Mar 31 2022n/an/a

-CA$26m

Dec 31 2021CA$472kCA$345k

-CA$25m

Sep 30 2021n/an/a

-CA$19m

Jun 30 2021n/an/a

-CA$17m

Mar 31 2021n/an/a

-CA$15m

Dec 31 2020CA$406kCA$347k

-CA$12m

Sep 30 2020n/an/a

-CA$9m

Jun 30 2020n/an/a

-CA$7m

Mar 31 2020n/an/a

-CA$6m

Dec 31 2019CA$209kCA$190k

-CA$5m

Sep 30 2019n/an/a

-CA$4m

Jun 30 2019n/an/a

-CA$3m

Mar 31 2019n/an/a

-CA$4m

Dec 31 2018CA$202kCA$181k

-CA$4m

Sep 30 2018n/an/a

-CA$4m

Jun 30 2018n/an/a

-CA$6m

Mar 31 2018n/an/a

-CA$5m

Dec 31 2017CA$198kCA$133k

-CA$4m

Compensation vs Market: Eldur's total compensation ($USD1.08M) is about average for companies of similar size in the German market ($USD1.01M).

Compensation vs Earnings: Eldur's compensation has increased whilst the company is unprofitable.

CEO

Eldur Olafsson (38 yo)

7.7yrs

Tenure

CA$1,553,155

Compensation

Mr. Eldur Olafsson serves as Founder at Amaroq Minerals Ltd. (formerly known as AEX Gold Inc.) since April 2017. He is a co-owner at Vatnar S.?R.L. Mr. Olafsson serves as Chief Executive Officer and Presi...

Leadership Team

NamePositionTenureCompensationOwnership
Eldur Olafsson
Founder7.7yrsCA$1.55m1.05%
€ 4.5m
Joan Plant
Executive Vice President1.2yrsCA$523.44k0.0027%
€ 11.8k
James Gilbertson
Vice President of Explorationno dataCA$291.61kno data
Anna Mkrtchyan
VP of Finance & Business Optimisationno dataCA$303.29kno data
Ellert Arnarson
Chief Financial Officerless than a yearno data0.012%
€ 53.1k
Anna Solotova
VP of Corporate Legal & Corporate Secretary1.2yrsno datano data
George Fowlie
Director of Corporate Development3.9yrsCA$79.92kno data
Gilles Seguin
Underground Mine Chief Engineerless than a yearno datano data

1.2yrs

Average Tenure

56yo

Average Age

Experienced Management: 72Q's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Eldur Olafsson
Founder7.7yrsCA$1.55m1.05%
€ 4.5m
Sigurbjorn Thorkelsson
Independent Non-Executive Director4.4yrsCA$86.00k2.4%
€ 10.4m
Graham Stewart
Independent Non-Executive Chairman7.7yrsCA$181.00k0.62%
€ 2.7m
Warwick Morley-Jepson
Independent Non-Executive Director3.3yrsCA$103.00k0.0011%
€ 4.7k
David Neuhauser
Independent Non-Executive Director3.5yrsCA$86.00k4%
€ 17.3m
Liane Kelly
Senior Independent Director3.3yrsCA$89.67kno data
Line Frederiksen
Independent Non-Executive Director3.5yrsCA$86.00k0.0040%
€ 17.1k

3.5yrs

Average Tenure

58yo

Average Age

Experienced Board: 72Q's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 11:02
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

Amaroq Minerals Ltd. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy HuffCanaccord Genuity
Gerald KhooCGS International
Yuen LowPanmure Liberum