Cerrado Gold Reports Strong Q1 2025 Results and Operational Progress

Cerrado Gold ( (TSE:CERT) ) has provided an update.

Cerrado Gold announced its first quarter 2025 financial results, reporting a gold equivalent production of 11,163 ounces and maintaining a full-year guidance of 55,000-60,000 GEO. The company achieved an adjusted EBITDA of $4.8 million and a cash balance exceeding $20 million. Operational highlights include record heap leach production and the commencement of underground development, which is expected to enhance production and cash flows. The company continues to reduce debt and plans to ramp up production rates, initiate underground production, and advance exploration programs to extend mine life.

More about Cerrado Gold

Cerrado Gold Inc. is a mining company engaged in the exploration and production of gold and iron. It operates the Minera Don Nicolas gold mine in Argentina and the Mont Sorcier High Purity DRI Iron Project in Quebec, focusing on increasing production and expanding its resource base.

Average Trading Volume: 273,771

Technical Sentiment Signal: Buy

Current Market Cap: C$83.15M

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