Nortec Minerals Corp.

OTCPK:NMNZ.F Stock Report

Market Cap: US$753.0k

Nortec Minerals Management

Management criteria checks 1/4

Nortec Minerals' CEO is Mike Malana, appointed in Jul 2021, has a tenure of 3.58 years. directly owns 1.19% of the company’s shares, worth $8.97K. The average tenure of the management team and the board of directors is 2.7 years and 2.7 years respectively.

Key information

Mike Malana

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.6yrs
CEO ownership1.2%
Management average tenure2.7yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Malana's remuneration changed compared to Nortec Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$80k

Jun 30 2024n/an/a

-CA$88k

Mar 31 2024n/an/a

-CA$157k

Dec 31 2023n/an/a

-CA$327k

Sep 30 2023n/an/a

-CA$262k

Jun 30 2023n/an/a

-CA$1m

Mar 31 2023n/an/a

-CA$1m

Dec 31 2022n/an/a

-CA$734k

Sep 30 2022n/an/a

CA$2m

Jun 30 2022n/an/a

CA$3m

Mar 31 2022n/an/a

CA$429k

Dec 31 2021CA$60kCA$60k

CA$139k

Sep 30 2021n/an/a

-CA$3m

Jun 30 2021n/an/a

-CA$3m

Mar 31 2021n/an/a

-CA$303k

Dec 31 2020CA$39kCA$39k

-CA$230k

Sep 30 2020n/an/a

-CA$221k

Jun 30 2020n/an/a

-CA$210k

Mar 31 2020n/an/a

-CA$209k

Dec 31 2019CA$18kCA$18k

-CA$293k

Sep 30 2019n/an/a

-CA$307k

Jun 30 2019n/an/a

-CA$305k

Mar 31 2019n/an/a

-CA$285k

Dec 31 2018CA$36kCA$36k

-CA$433k

Compensation vs Market: Insufficient data to establish whether Mike's total compensation is reasonable compared to companies of similar size in the US market.

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

CEO

Mike Malana (58 yo)

3.6yrs

Tenure

Mr. Michael Malana, also known as Mike, is Interim CEO & Director of Nortec Minerals Corp. from 2022. He was Corporate Secretary, Interim CEO & Director of Nortec Minerals Corp. from June 07, 2022 to 2022....

Leadership Team

NamePositionTenureCompensationOwnership
Michael Malana
Interim CEO & Director3.6yrsno data1.19%
$ 9.0k
Sara Hills
Chief Financial Officer2.7yrsno datano data
Cameron Bell
Vice President of Exploration1.9yrsno datano data

2.7yrs

Average Tenure

Experienced Management: NMNZ.F's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Malana
Interim CEO & Director4.3yrsno data1.19%
$ 9.0k
Derrick Weyrauch
Independent Director4.3yrsno data1.63%
$ 12.3k
Brad Lazich
Director2.3yrsno data15.36%
$ 115.6k
P. Smith
Independent Director2.7yrsno datano data
Christie McCormack
Independent Director2.3yrsno datano data

2.7yrs

Average Tenure

Experienced Board: NMNZ.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

DataLast Updated (UTC time)
Company Analysis2025/02/18 08:37
End of Day Share Price 2024/12/26 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.

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 Github.

Analyst Sources

Nortec Minerals 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.