Independence Gold Corp.

OTCPK:IEGC.F Stock Report

Market Cap: US$29.1m

Independence Gold Management

Management criteria checks 3/4

Independence Gold's CEO is Randy Turner, appointed in Jul 2017, has a tenure of 7.5 years. total yearly compensation is CA$219.30K, comprised of 96.2% salary and 3.8% bonuses, including company stock and options. directly owns 3.16% of the company’s shares, worth $919.25K. The average tenure of the management team and the board of directors is 7.5 years and 10.5 years respectively.

Key information

Randy Turner

Chief executive officer

CA$219.3k

Total compensation

CEO salary percentage96.2%
CEO tenure7.5yrs
CEO ownership3.2%
Management average tenure7.5yrs
Board average tenure10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Randy Turner's remuneration changed compared to Independence Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$5m

Jun 30 2024n/an/a

-CA$5m

Mar 31 2024n/an/a

-CA$3m

Dec 31 2023CA$219kCA$211k

-CA$4m

Sep 30 2023n/an/a

-CA$3m

Jun 30 2023n/an/a

-CA$2m

Mar 31 2023n/an/a

-CA$2m

Dec 31 2022CA$208kCA$201k

-CA$2m

Sep 30 2022n/an/a

-CA$9m

Jun 30 2022n/an/a

-CA$9m

Mar 31 2022n/an/a

-CA$9m

Dec 31 2021CA$173kCA$165k

-CA$9m

Sep 30 2021n/an/a

-CA$3m

Jun 30 2021n/an/a

-CA$3m

Mar 31 2021n/an/a

-CA$2m

Dec 31 2020CA$120kCA$111k

-CA$1m

Sep 30 2020n/an/a

-CA$974k

Jun 30 2020n/an/a

-CA$972k

Mar 31 2020n/an/a

-CA$1m

Dec 31 2019CA$157kCA$139k

-CA$2m

Sep 30 2019n/an/a

-CA$2m

Jun 30 2019n/an/a

-CA$3m

Mar 31 2019n/an/a

-CA$3m

Dec 31 2018CA$102kCA$102k

-CA$2m

Compensation vs Market: Randy's total compensation ($USD152.41K) is below average for companies of similar size in the US market ($USD645.01K).

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

CEO

Randy Turner (75 yo)

7.5yrs

Tenure

CA$219,297

Compensation

Mr. Randy Christopher Turner, B.Sc., P.Geo., served as Chairman of the Board at Canterra Minerals Corporation since December 2020 until June 2023 and served as its Independent Director from March 30, 1999...

Leadership Team

NamePositionTenureCompensationOwnership
Randy Turner
President7.5yrsCA$219.30k3.16%
$ 919.2k
Harry Chan
CFO & Corporate Secretary7.1yrsCA$75.60kno data
David Pawliuk
Advisorno datano datano data

7.5yrs

Average Tenure

Experienced Management: IEGC.F's management team is seasoned and experienced (7.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Randy Turner
President13.2yrsCA$219.30k3.16%
$ 919.2k
Terrance Salman
Independent Director7.9yrsCA$6.00k0.096%
$ 27.8k
Darcy Marud
Independent Director7.2yrsCA$6.30k0.34%
$ 100.1k
Louis Montpellier
Independent Director13.2yrsCA$9.00k0.033%
$ 9.5k
Michael McPhie
Independent Directorno dataCA$9.00k0.12%
$ 36.1k

10.5yrs

Average Tenure

70yo

Average Age

Experienced Board: IEGC.F's board of directors are seasoned and experienced ( 10.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 19:06
End of Day Share Price 2025/01/08 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

Independence Gold Corp. is covered by 1 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.

AnalystInstitution
Michael CurranBeacon Securities Limited