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Nova Minerals Lifts CEO Pay as Estelle Project Grows in Scale

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Nova Minerals Lifts CEO Pay as Estelle Project Grows in Scale

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An update from Nova Minerals ( (AU:NVA) ) is now available.

Nova Minerals has increased Chief Executive Officer Chris Gerteisen’s base salary from US$252,000 to US$360,000 per year, effective 1 January 2026, while leaving his contract term and incentive structures unchanged. The board attributed the higher remuneration to Gerteisen’s expanded responsibilities as the Estelle gold and antimony projects grow in scale and complexity, encompassing exploration and development activities as well as capital raising and efforts to secure U.S. government funding, underscoring the company’s push to advance its flagship Alaskan assets and strengthen its strategic position in gold and critical minerals.

The most recent analyst rating on (AU:NVA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Nova Minerals stock, see the AU:NVA Stock Forecast page.

More about Nova Minerals

Nova Minerals Limited is a gold, antimony and critical minerals exploration and development company focused on advancing its 85%-owned Estelle Project in Alaska’s prolific Tintina Gold Belt. The project spans 514 km² of state mining claims and hosts a 35 km mineralised corridor with more than 20 advanced gold and antimony prospects, including two defined multi‑million‑ounce resources and several drill‑ready antimony targets with outcropping stibnite vein systems, positioning the company within a region known for major gold mines and historic antimony production.

Average Trading Volume: 2,637,381

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$493.8M

See more data about NVA stock on TipRanks’ Stock Analysis page.

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