Velocity Minerals Management
Management criteria checks 3/4
Velocity Minerals' CEO is Keith Henderson, appointed in Jul 2017, has a tenure of 7.92 years. total yearly compensation is CA$521.72K, comprised of 58.7% salary and 41.3% bonuses, including company stock and options. directly owns 3.79% of the company’s shares, worth $990.74K. The average tenure of the management team and the board of directors is 3.6 years and 7.9 years respectively.
Key information
Keith Henderson
Chief executive officer
CA$521.7k
Total compensation
| CEO salary percentage | 58.73% |
| CEO tenure | 7.9yrs |
| CEO ownership | 3.8% |
| Management average tenure | 3.6yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -CA$2m |
| Dec 31 2024 | CA$522k | CA$306k | -CA$2m |
| Sep 30 2024 | n/a | n/a | -CA$2m |
| Jun 30 2024 | n/a | n/a | -CA$2m |
| Mar 31 2024 | n/a | n/a | -CA$2m |
| Dec 31 2023 | CA$362k | CA$253k | -CA$2m |
| Sep 30 2023 | n/a | n/a | -CA$2m |
| Jun 30 2023 | n/a | n/a | -CA$2m |
| Mar 31 2023 | n/a | n/a | -CA$2m |
| Dec 31 2022 | CA$385k | CA$305k | -CA$3m |
| Sep 30 2022 | n/a | n/a | -CA$3m |
| Jun 30 2022 | n/a | n/a | -CA$3m |
| Mar 31 2022 | n/a | n/a | -CA$3m |
| Dec 31 2021 | CA$359k | CA$300k | -CA$2m |
| Sep 30 2021 | n/a | n/a | -CA$2m |
| Jun 30 2021 | n/a | n/a | -CA$2m |
| Mar 31 2021 | n/a | n/a | -CA$2m |
| Dec 31 2020 | CA$334k | CA$285k | -CA$2m |
| Sep 30 2020 | n/a | n/a | -CA$2m |
| Jun 30 2020 | n/a | n/a | -CA$2m |
| Mar 31 2020 | n/a | n/a | -CA$1m |
| Dec 31 2019 | CA$364k | CA$250k | -CA$3m |
| Sep 30 2019 | n/a | n/a | -CA$3m |
| Jun 30 2019 | n/a | n/a | -CA$3m |
| Mar 31 2019 | n/a | n/a | -CA$3m |
| Dec 31 2018 | CA$173k | CA$150k | -CA$2m |
Compensation vs Market: Keith's total compensation ($USD384.23K) is below average for companies of similar size in the US market ($USD646.03K).
Compensation vs Earnings: Keith's compensation has increased whilst the company is unprofitable.
CEO
Keith Henderson (54 yo)
Mr. Keith J. Henderson, P.Geo., M.Sc., has been the Chief Executive Officer and President at Latin Metals Inc. (formerly Centenera Mining Corporation) since June 18, 2015. Mr. Henderson has been the Presid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.9yrs | CA$521.72k | 3.79% $ 990.7k | |
| Chief Financial Officer | 1.1yrs | CA$137.49k | no data | |
| VP of Operations & Director | 4.8yrs | CA$401.04k | 0.050% $ 13.2k | |
| Vice President of Corporate Communications | 4yrs | no data | no data | |
| Director of Geology | 3.6yrs | CA$205.08k | no data | |
| Corporate Secretary | no data | no data | no data | |
| Advisor | 3.3yrs | no data | no data | |
| Advisor | 2yrs | CA$24.30k | no data |
Experienced Management: VLCJ.F's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.9yrs | CA$521.72k | 3.79% $ 990.7k | |
| VP of Operations & Director | 7.9yrs | CA$401.04k | 0.050% $ 13.2k | |
| Independent Director | 7.9yrs | CA$49.25k | 0.025% $ 6.6k | |
| Director | 2.5yrs | CA$13.25k | no data | |
| Independent Director | 1.7yrs | CA$51.25k | no data |
Experienced Board: VLCJ.F's board of directors are considered experienced (7.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/16 07:45 |
| End of Day Share Price | 2025/06/16 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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Velocity Minerals Ltd. is covered by 1 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.
| Analyst | Institution |
|---|---|
| Michael Curran | Beacon Securities Limited |