Foran Mining Corporation

OTCPK:FMCX.F Stock Report

Market Cap: US$1.0b

Foran Mining Management

Management criteria checks 1/4

Foran Mining's CEO is Dan Myerson, appointed in Nov 2020, has a tenure of 4.42 years. total yearly compensation is CA$1.80M, comprised of 26.3% salary and 73.7% bonuses, including company stock and options. directly owns 1.34% of the company’s shares, worth $13.53M. The average tenure of the management team and the board of directors is 1.6 years and 2.8 years respectively.

Key information

Dan Myerson

Chief executive officer

CA$1.8m

Total compensation

CEO salary percentage26.3%
CEO tenure4.4yrs
CEO ownership1.3%
Management average tenure1.6yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dan Myerson's remuneration changed compared to Foran Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024CA$2mCA$475k

-CA$19m

Sep 30 2024n/an/a

-CA$6m

Jun 30 2024n/an/a

-CA$7m

Mar 31 2024n/an/a

-CA$8m

Dec 31 2023CA$2mCA$475k

-CA$14m

Sep 30 2023n/an/a

-CA$12m

Jun 30 2023n/an/a

-CA$12m

Mar 31 2023n/an/a

-CA$13m

Dec 31 2022CA$2mCA$375k

-CA$10m

Sep 30 2022n/an/a

-CA$7m

Jun 30 2022n/an/a

-CA$6m

Mar 31 2022n/an/a

-CA$6m

Dec 31 2021CA$1mn/a

-CA$4m

Sep 30 2021n/an/a

-CA$4m

Jun 30 2021n/an/a

-CA$4m

Mar 31 2021n/an/a

-CA$3m

Dec 31 2020CA$179kn/a

-CA$2m

Compensation vs Market: Dan's total compensation ($USD1.30M) is below average for companies of similar size in the US market ($USD3.97M).

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

CEO

Dan Myerson (36 yo)

4.4yrs

Tenure

CA$1,803,483

Compensation

Mr. Daniel Myerson, also known as Dan, MFin., serves as Executive Chairman at Foran Mining Corporation since November 01, 2020 and serves as its Chief Executive Officer since November 09, 2020. He served a...

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Myerson
CEO & Executive Chairman4.4yrsCA$1.80m1.34%
$ 13.5m
James Steels
Chief Financial Officer3.8yrsCA$997.53k0%
$ 0
Gilbert Lamarche
Chief Operating Officer1.6yrsCA$1.27mno data
Erin Carswell
Vice President of Exploration1.6yrsCA$822.40kno data
Bradley Bolger
Vice President of Financeno dataCA$794.92kno data
Samuele Renelli
Vice President of Technical Services1.6yrsCA$423.44kno data
Etienne Guzman
Vice President of Legal1.3yrsno datano data
Tracy Aitchison
Vice President of Human Resources1.1yrsno datano data
David Bernier
Senior Advisor1.6yrsCA$1.30mno data
Jonathan French
Vice President of Capital Markets & External Affairs2.3yrsno datano data
John Caldbick
Vice President of Projectsno datano datano data

1.6yrs

Average Tenure

Experienced Management: FMCX.F's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Daniel Myerson
CEO & Executive Chairman4.4yrsCA$1.80m1.34%
$ 13.5m
David Petroff
Independent Director13yrsCA$206.60k0.19%
$ 2.0m
Vera Inkster
Independent Directorless than a yearCA$223.71k0.0032%
$ 32.4k
Maurice A. Tagami
Lead Independent Director14.2yrsCA$202.10k0.72%
$ 7.3m
Darren Morcombe
Member of Advisory Board2.3yrsCA$407.44kno data
Jessica McDonald
Independent Director1.9yrsCA$214.44kno data
Nancy Guay
Independent Director1.9yrsCA$206.48kno data
Wayne Wouters
Independent Director3.6yrsCA$202.10kno data
Bradley Wall
Member of Advisory Board3.3yrsno datano data
Majd Bakar
Independent Director2.2yrsCA$259.84kno data

2.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: FMCX.F's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 10:58
End of Day Share Price 2025/04/23 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Foran Mining Corporation is covered by 19 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rene CartierBMO Capital Markets Equity Research
Alexander Robert PearceBMO Capital Markets Equity Research
William Thomas DymottCavendish Historical (Cenkos Securities)