Lumina Gold Management

Management criteria checks 3/4

Lumina Gold's CEO is Marshall Koval, appointed in Jul 2014, has a tenure of 10.42 years. total yearly compensation is $358.89K, comprised of 62.7% salary and 37.3% bonuses, including company stock and options. directly owns 2.86% of the company’s shares, worth $3.90M. The average tenure of the management team and the board of directors is 8.9 years and 10.4 years respectively.

Key information

Marshall Koval

Chief executive officer

US$358.9k

Total compensation

CEO salary percentage62.7%
CEO tenure10.4yrs
CEO ownership2.9%
Management average tenure8.9yrs
Board average tenure10.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marshall Koval's remuneration changed compared to Lumina Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$42m

Jun 30 2024n/an/a

-US$23m

Mar 31 2024n/an/a

-US$16m

Dec 31 2023US$359kUS$225k

-US$17m

Sep 30 2023n/an/a

-US$12m

Jun 30 2023n/an/a

-US$15m

Mar 31 2023n/an/a

-US$23m

Dec 31 2022US$314kUS$186k

-US$22m

Sep 30 2022n/an/a

-US$22m

Jun 30 2022n/an/a

-US$19m

Mar 31 2022n/an/a

-US$12m

Dec 31 2021US$303kUS$190k

-US$8m

Sep 30 2021n/an/a

-US$7m

Jun 30 2021n/an/a

-US$7m

Mar 31 2021n/an/a

-US$7m

Dec 31 2020US$313kUS$188k

-US$8m

Sep 30 2020n/an/a

-US$9m

Jun 30 2020n/an/a

-US$12m

Mar 31 2020n/an/a

-US$16m

Dec 31 2019US$330kUS$179k

-US$16m

Sep 30 2019n/an/a

-US$17m

Jun 30 2019n/an/a

-US$25m

Mar 31 2019n/an/a

-US$24m

Dec 31 2018US$318kUS$163k

-US$26m

Sep 30 2018n/an/a

-US$26m

Jun 30 2018n/an/a

-US$16m

Mar 31 2018n/an/a

-US$15m

Dec 31 2017US$301kUS$172k

-US$13m

Compensation vs Market: Marshall's total compensation ($USD358.89K) is below average for companies of similar size in the US market ($USD653.16K).

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


CEO

Marshall Koval (66 yo)

10.4yrs

Tenure

US$358,894

Compensation

Mr. Marshall A. Koval, P.Geo. serves as Independent Director at Adventus Mining Corp. since January 25, 2024. He serves as Chief Executive Officer at Luminex Resources Corp. and has been its Director since...


Leadership Team

NamePositionTenureCompensationOwnership
Marshall Koval
President10.4yrsUS$358.89k2.86%
$ 3.9m
Martin Raymond Rip
Chief Financial Officer10.4yrsUS$228.68k0.80%
$ 1.1m
Ronald Halas
Chief Operating Officer1.4yrsUS$414.70kno data
Lyle Braaten
VP of Legal Counselno dataUS$226.52k1.36%
$ 1.9m
Scott Victor Hicks
Vice President of Corporate Development & Communications7.6yrsUS$328.48k0.16%
$ 215.1k
Diego Benalcazar
Senior Vice President8.1yrsUS$259.26kno data
Peter Hathaway
Senior Vice President9.8yrsUS$220.12kno data

8.9yrs

Average Tenure

57.5yo

Average Age

Experienced Management: LMGD.F's management team is seasoned and experienced (8.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marshall Koval
President10.4yrsUS$358.89k2.86%
$ 3.9m
Lyle Braaten
VP of Legal Counsel10.4yrsUS$226.52k1.36%
$ 1.9m
Michael Steinmann
Independent Director10.4yrsUS$70.56k0.35%
$ 477.8k
Donald Shumka
Independent Director10.4yrsUS$70.56k0.33%
$ 455.2k
Stephen Stow
Independent Director30.2yrsUS$70.56k1.4%
$ 1.9m
Heye Daun
Independent Director8.1yrsUS$70.56k0.037%
$ 50.3k

10.4yrs

Average Tenure

63yo

Average Age

Experienced Board: LMGD.F's board of directors are seasoned and experienced ( 10.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 06:30
End of Day Share Price 2024/12/24 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

Lumina Gold Corp. is covered by 4 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.

AnalystInstitution
Brian QuastBMO Capital Markets Equity Research
Kerry SmithHaywood Securities Inc.
Geordie MarkHaywood Securities Inc.