Lavras Gold Management
Management criteria checks 3/4
Lavras Gold's CEO is Mike Durose, appointed in Apr 2022, has a tenure of 3.08 years. total yearly compensation is CA$409.17K, comprised of 53.6% salary and 46.4% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth $355.38K. The average tenure of the management team and the board of directors is 3.1 years and 3.1 years respectively.
Key information
Mike Durose
Chief executive officer
CA$409.2k
Total compensation
| CEO salary percentage | 53.56% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.1yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -CA$4m |
| Dec 31 2024 | CA$409k | CA$219k | -CA$4m |
| 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$2m |
Compensation vs Market: Mike's total compensation ($USD295.10K) is below average for companies of similar size in the US market ($USD645.28K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Durose (58 yo)
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. has been the chairman and CEO of Durose Asset Man...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.1yrs | CA$409.17k | 0.36% $ 355.4k | |
| CFO & Corporate Secretary | 3.1yrs | CA$282.92k | 0.51% $ 512.1k | |
| Vice President of Investor Relations | 2.3yrs | CA$198.13k | no data |
Experienced Management: LGCF.F's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.1yrs | CA$409.17k | 0.36% $ 355.4k | |
| Independent Director | 3.1yrs | CA$11.00k | 1.62% $ 1.6m | |
| Independent Chairman | 3.1yrs | CA$11.00k | 4.02% $ 4.0m | |
| Independent Director | 3.1yrs | CA$11.00k | 12.64% $ 12.6m | |
| Director | 3.5yrs | CA$11.00k | 1.54% $ 1.5m | |
| Independent Director | 3.1yrs | CA$11.00k | 1.39% $ 1.4m | |
| Independent Director | 1.8yrs | CA$35.00k | 0.0021% $ 2.1k |
Experienced Board: LGCF.F's board of directors are considered experienced (3.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/22 16:25 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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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.
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 Github.
Analyst Sources
Lavras Gold Corp. is covered by 1 analysts. 1 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 |
|---|---|
| David Joseph Storms | Stonegate Capital Partners, Inc. |