Lavras Gold Management
Management criteria checks 2/4
Lavras Gold's CEO is Mike Durose, appointed in Apr 2022, has a tenure of 2.67 years. total yearly compensation is CA$175.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth $366.31K. The average tenure of the management team and the board of directors is 2.7 years and 2.7 years respectively.
Key information
Mike Durose
Chief executive officer
CA$175.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.7yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$3m |
| Jun 30 2024 | n/a | n/a | -CA$3m |
| Mar 31 2024 | n/a | n/a | -CA$2m |
| Dec 31 2023 | CA$175k | CA$175k | -CA$2m |
| Sep 30 2023 | n/a | n/a | -CA$2m |
| Jun 30 2023 | n/a | n/a | -CA$2m |
| Dec 31 2022 | CA$120k | CA$120k | -CA$2m |
Compensation vs Market: Mike's total compensation ($USD121.42K) is below average for companies of similar size in the US market ($USD650.00K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Durose (58 yo)
2.7yrs
Tenure
CA$175,000
Compensation
Mr. Michael Christopher Durose, also known as Mike, is the President & CEO at Lavras Gold Corp. since April 21, 2022 and its Director since April 18, 2022. He is the Founder of HanOcci Group Inc and also s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.7yrs | CA$175.00k | 0.40% $ 366.3k | |
| CFO & Corporate Secretary | 2.7yrs | CA$150.00k | 0.58% $ 527.9k | |
| Vice President of Investor Relations | 1.9yrs | no data | no data |
2.7yrs
Average Tenure
64yo
Average Age
Experienced Management: LGCF.F's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.7yrs | CA$175.00k | 0.40% $ 366.3k | |
| Independent Director | 2.7yrs | CA$10.00k | 1.83% $ 1.7m | |
| Independent Chairman | 2.7yrs | CA$10.00k | 2.56% $ 2.3m | |
| Independent Director | 2.7yrs | CA$10.00k | 11.59% $ 10.5m | |
| Director | 3.1yrs | CA$40.00k | 1.75% $ 1.6m | |
| Independent Director | 2.7yrs | CA$10.00k | 1.58% $ 1.4m | |
| Independent Director | 1.4yrs | CA$5.00k | 0.0023% $ 2.1k |
2.7yrs
Average Tenure
61yo
Average Age
Experienced Board: LGCF.F's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:23 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Lavras Gold Corp. is covered by 0 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 |
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