Novo Resources Corp.

OTCPK:NSRP.F Stock Report

Market Cap: US$20.2m

Novo Resources Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Mike Spreadborough

Chief executive officer

CA$561.3k

Total compensation

CEO salary percentage80.0%
CEO tenure2.6yrs
CEO ownership0.2%
Management average tenureno data
Board average tenure2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Spreadborough's remuneration changed compared to Novo Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$45m

Jun 30 2024n/an/a

-CA$45m

Mar 31 2024n/an/a

-CA$46m

Dec 31 2023CA$561kCA$449k

-CA$49m

Sep 30 2023n/an/a

CA$53m

Jun 30 2023n/an/a

-CA$631k

Mar 31 2023n/an/a

-CA$11m

Dec 31 2022CA$552kCA$453k

-CA$16m

Sep 30 2022n/an/a

-CA$153m

Jun 30 2022n/an/a

-CA$17m

Mar 31 2022n/an/a

-CA$15m

Dec 31 2021CA$3mCA$236k

-CA$704k

Compensation vs Market: Mike's total compensation ($USD401.47K) is below average for companies of similar size in the US market ($USD649.07K).

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

CEO

Mike Spreadborough

2.6yrs

Tenure

CA$561,307

Compensation

Mr. Michael John Spreadborough, also known as Mike, B.Eng. (Mining) (Hons), MBA, served as Non-Executive Director of Evolution Energy Minerals Limited since September 12, 2023 until August 15, 2024 and ser...

Board Members

NamePositionTenureCompensationOwnership
Michael Spreadborough
Executive Co-Chairman & Acting CEO3.8yrsCA$561.31k0.20%
$ 40.2k
Gregory Patrick Jones
Independent Non-Executive Director1.2yrsCA$48.48kno data
Quinton Hennigh
Non-Executive Co-Chairman15.1yrsCA$137.22k1.03%
$ 208.6k
Karen O'Neill
Independent Non-Executive Directorless than a yearno datano data

2.5yrs

Average Tenure

Experienced Board: NSRP.F's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.