C

Cerrado Gold Corp
XTSX:CERT

Watchlist Manager
Cerrado Gold Corp
XTSX:CERT
Watchlist
Price: 1.92 CAD -16.52%
Market Cap: CA$259.9m

Cerrado Gold Corp
Investor Relations

Cerrado Gold, Inc. operates as a gold production and exploration company. The company is headquartered in Toronto, California. The company went IPO on 2018-11-30. The firm owns Minera Don Nicolas (MDN), which is an open pit gold mine located in Santa Cruz, Argentina with a land package of approximately 333,400 hectares. Its MDN operations are focused in two areas, which includes the La Paloma deposit and the Martinetas deposits, which are approximately 30 kilometers apart. The Company’s exploration projects include Monte do Carmo Gold Project, which is located in the state of Tocantins, Brazil, immediately east of the town of Monte do Carmo. The Monte do Carmo Property consists of over 14 exploration permits totaling approximately 58,000 hectares.

Show more
Loading
CERT
S&P TSX Composite Index (Canada)
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Dec 1, 2025
AI Summary
Q3 2025

Record Production: Q3 2025 was Cerrado Gold's best production quarter, with 13,832 gold equivalent ounces produced, a 21% increase from Q2.

Strong Revenue & EBITDA: Adjusted EBITDA rose to $11.8 million, up 60% year-on-year and quarter-on-quarter, driven by higher gold sales and prices.

Tax Liability: A new $12 million tax liability was accrued in Q3 due to improved profitability in Argentina, but the payment is not due until May 2026.

Rising Costs: All-in sustaining costs increased to $1,915 per ounce, above last year's level, with 2025 expected to land at the high end of $1,600–$1,800 per ounce guidance.

Cash Position: Cash balance grew to $16.5 million, expected to rise further as hedges roll off and production increases.

Project Progress: Significant investments advanced three key projects (MDN, Lagoa Salgada, Mont Sorcier), with major feasibility milestones expected through 2026.

Gold Price Tailwind: Management highlighted strong gold prices as a key benefit, with hedges ending by year-end to allow full exposure.

Guidance Reaffirmed: Full-year production guidance of 50,000–55,000 ounces was reiterated, with potential for future increases as underground operations ramp up.

Key Financials
Gold Equivalent Ounces Produced
13,832 ounces
Heap Leach Production
10,429 ounces
Adjusted EBITDA
$11.8 million
All-in Sustaining Costs
$1,915 per ounce
Cash Balance
$16.5 million
Operating Cash Flow
$14 million
Tax Liability
$12 million
Other Earnings Calls

Management

Mr. Mark Peter Brennan
CEO & Chairman
No Bio Available
Mr. Jason Brooks C.A., CPA
Chief Financial Officer
No Bio Available
Mr. Casper Groenewald
Chief Operating Officer
No Bio Available
Mr. Andrew Croal P.Eng
Chief Technical Officer
No Bio Available
Mr. Michael McAllister CPIR
Vice President of Investor Relations
No Bio Available
Mr. Carl Calandra LL.B., MBA
VP, General Counsel & Corporate Secretary
No Bio Available
Mr. David Ball C.F.A.
Vice President of Corporate Development
No Bio Available
Dr. Sergio Gelcich P.Geo., Ph.D.
Vice President of Exploration
No Bio Available
Ms. Veronica Nohara
President & Country Manager of Argentina
No Bio Available
Mr. Chris MacInnis
Director of Geology & Resources
No Bio Available

Contacts

Address
CALIFORNIA
TORONTO
66 Wellington Street West, Suite4100
Contacts