Mandalay Resources Management
Management criteria checks 2/4
Mandalay Resources' CEO is Frazer Bourchier, appointed in Apr 2023, has a tenure of 1.67 years. total yearly compensation is $1.32M, comprised of 20.2% salary and 79.8% bonuses, including company stock and options. directly owns 0.047% of the company’s shares, worth $129.15K. The average tenure of the management team and the board of directors is 1.7 years and 6.6 years respectively.
Key information
Frazer Bourchier
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 20.2% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.7yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$30m |
| Jun 30 2024 | n/a | n/a | US$29m |
| Mar 31 2024 | n/a | n/a | US$13m |
| Dec 31 2023 | US$1m | US$267k | US$8m |
Compensation vs Market: Frazer's total compensation ($USD1.32M) is about average for companies of similar size in the US market ($USD1.38M).
Compensation vs Earnings: Insufficient data to compare Frazer's compensation with company performance.
CEO
Frazer Bourchier (58 yo)
1.7yrs
Tenure
US$1,318,456
Compensation
Mr. Frazer William Bourchier, BASc, MASc, P.Eng. has been President, Chief Executive Officer and Director at Mandalay Resources Corporation since April 03, 2023. Mr. Bourchier had been President Chief Exec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.7yrs | US$1.32m | 0.047% $ 129.2k | |
| Chief Operating Officer | 2yrs | US$606.46k | 0.013% $ 34.6k | |
| Executive VP & Chief Development Officer | 1.1yrs | US$272.35k | no data | |
| Vice President of Operational Geology & Exploration | no data | US$443.79k | 0.093% $ 255.1k | |
| CFO & Executive VP | less than a year | no data | no data | |
| Senior Director of Corporate Affairs & Corporate Secretary | 7.8yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Management: MNDJ.F's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.7yrs | US$1.32m | 0.047% $ 129.2k | |
| Independent Director | 14.7yrs | US$101.89k | 0.27% $ 749.3k | |
| Non-Independent Chairman | 15.3yrs | US$205.68k | 0.087% $ 238.2k | |
| Independent Director | 3.6yrs | US$98.12k | no data | |
| Independent Director | less than a year | no data | no data | |
| Lead Independent Director | 8.6yrs | US$101.89k | 0.15% $ 420.6k | |
| Non-Executive & Non-Independent Director | 6.6yrs | US$464.25k | 0.90% $ 2.4m |
6.6yrs
Average Tenure
58yo
Average Age
Experienced Board: MNDJ.F's board of directors are considered experienced (6.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 07:06 |
| End of Day Share Price | 2024/12/27 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 |
| |
| 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
Mandalay Resources Corporation is covered by 10 analysts. 2 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 |
|---|---|
| Brian Quast | BMO Capital Markets Equity Research |
| Michael Parkin | Desjardins Securities Inc. |
| Benjamin Asuncion | Haywood Securities Inc. |