This company has been acquired
Goldsource Mines Management
Management criteria checks 4/4
Goldsource Mines' CEO is Steve Parsons, appointed in Nov 2020, has a tenure of 3.67 years. total yearly compensation is CA$260.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $101.17K. The average tenure of the management team and the board of directors is 3.7 years and 7.7 years respectively.
Key information
Steve Parsons
Chief executive officer
CA$260.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.7yrs |
| Board average tenure | 7.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -CA$5m |
| Dec 31 2023 | CA$260k | CA$260k | -CA$5m |
| Sep 30 2023 | n/a | n/a | -CA$5m |
| Jun 30 2023 | n/a | n/a | -CA$5m |
| Mar 31 2023 | n/a | n/a | -CA$5m |
| Dec 31 2022 | CA$275k | CA$250k | -CA$6m |
| Sep 30 2022 | n/a | n/a | -CA$7m |
| Jun 30 2022 | n/a | n/a | -CA$9m |
| Mar 31 2022 | n/a | n/a | -CA$9m |
| Dec 31 2021 | CA$280k | CA$225k | -CA$10m |
| Sep 30 2021 | n/a | n/a | -CA$10m |
| Jun 30 2021 | n/a | n/a | -CA$10m |
| Mar 31 2021 | n/a | n/a | -CA$9m |
| Dec 31 2020 | CA$223k | CA$29k | -CA$9m |
Compensation vs Market: Steve's total compensation ($USD190.72K) is below average for companies of similar size in the US market ($USD704.85K).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Parsons
3.7yrs
Tenure
CA$260,000
Compensation
Mr. Stephen Parsons, also known as Steve, P.Eng serves as the Chief Executive Officer of Goldsource Mines Inc. since November 13, 2020. He served as a Director and Senior Gold Mining Analyst at National Ba...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.1yrs | CA$60.00k | 0.56% $ 175.9k | |
| Chief Executive Officer | 3.7yrs | CA$260.00k | 0.32% $ 101.2k | |
| President & Director | 10.4yrs | CA$200.00k | 0.20% $ 61.7k | |
| Vice President of Finance | 2.8yrs | CA$141.50k | no data | |
| Director of Communications | 14.2yrs | no data | no data | |
| Chief Geologist | 3.2yrs | no data | no data | |
| Corporate Secretary | no data | no data | 0.15% $ 46.5k |
3.7yrs
Average Tenure
62yo
Average Age
Experienced Management: GXSF.F's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.1yrs | CA$60.00k | 0.56% $ 175.9k | |
| President & Director | 10.4yrs | CA$200.00k | 0.20% $ 61.7k | |
| Lead Independent Director | 20.6yrs | CA$15.00k | 0.29% $ 91.4k | |
| Independent Director | 7.3yrs | CA$15.00k | no data | |
| Independent Director | 1.1yrs | CA$8.45k | no data | |
| Independent Director | 4.7yrs | CA$15.00k | 0.13% $ 41.7k |
7.7yrs
Average Tenure
61yo
Average Age
Experienced Board: GXSF.F's board of directors are considered experienced (7.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/09 19:19 |
| End of Day Share Price | 2024/07/03 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Goldsource Mines Inc. is covered by 2 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.
| Analyst | Institution |
|---|---|
| Michael Gray | Genuity Capital Markets |
| Brandon Gaspar | SCP Resource Finance LP |