CERT Stock Overview
Cerrado Gold Inc. operates as a gold mining and exploration company in South America.
Cerrado Gold Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.84|
|52 Week High||CA$1.96|
|52 Week Low||CA$0.80|
|1 Month Change||-32.26%|
|3 Month Change||-44.74%|
|1 Year Change||-42.07%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-32.80%|
Recent News & Updates
We Like These Underlying Return On Capital Trends At Cerrado Gold (CVE:CERT)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
|CERT||CA Metals and Mining||CA Market|
Return vs Industry: CERT underperformed the Canadian Metals and Mining industry which returned -15.5% over the past year.
Return vs Market: CERT underperformed the Canadian Market which returned -7.2% over the past year.
|CERT Average Weekly Movement||9.3%|
|Metals and Mining Industry Average Movement||11.4%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||18.3%|
|10% least volatile stocks in CA Market||3.8%|
Stable Share Price: CERT is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: CERT's weekly volatility (9%) has been stable over the past year.
About the Company
Cerrado Gold Inc. operates as a gold mining and exploration company in South America. The company primarily explores for gold and silver deposits. It owns 100% interests in the Minera Don Nicolas project covering an area of approximately 333,400 ha located in Santa Cruz province, Argentina; Monte Do Carmo gold project that consists of 14 exploration permits covering an area of 67,785 ha located in Tocantins, Brazil; and Minera Mariana, including the Las Calandrias and Los Cisnes projects covering an area of 60,400 ha located in Santa Cruz province of Argentina.
Cerrado Gold Fundamentals Summary
|CERT fundamental statistics|
Is CERT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CERT income statement (TTM)|
|Cost of Revenue||US$48.24m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.038|
|Net Profit Margin||3.38%|
How did CERT perform over the long term?See historical performance and comparison
Is CERT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CERT?
Other financial metrics that can be useful for relative valuation.
|What is CERT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CERT's PE Ratio compare to its peers?
|CERT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
FURY Fury Gold Mines
FISH Sailfish Royalty
MJS Majestic Gold
MGZ.H Mangazeya Mining
CERT Cerrado Gold
Price-To-Earnings vs Peers: CERT is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the peer average (7.7x).
Price to Earnings Ratio vs Industry
How does CERT's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Earnings vs Industry: CERT is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the Canadian Metals and Mining industry average (9.1x)
Price to Earnings Ratio vs Fair Ratio
What is CERT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||16.2x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CERT's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of CERT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate CERT's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate CERT's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Cerrado Gold forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CERT's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if CERT's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if CERT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CERT's revenue (42.5% per year) is forecast to grow faster than the Canadian market (5.8% per year).
High Growth Revenue: CERT's revenue (42.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CERT's Return on Equity is forecast to be high in 3 years time
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How has Cerrado Gold performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CERT has a high level of non-cash earnings.
Growing Profit Margin: CERT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CERT has become profitable over the past 5 years, growing earnings by -12.6% per year.
Accelerating Growth: CERT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CERT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.3%).
Return on Equity
High ROE: CERT's Return on Equity (15.8%) is considered low.
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How is Cerrado Gold's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CERT's short term assets ($59.9M) exceed its short term liabilities ($58.9M).
Long Term Liabilities: CERT's short term assets ($59.9M) exceed its long term liabilities ($53.1M).
Debt to Equity History and Analysis
Debt Level: CERT's net debt to equity ratio (55.5%) is considered high.
Reducing Debt: Insufficient data to determine if CERT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CERT's debt is well covered by operating cash flow (50.8%).
Interest Coverage: CERT's interest payments on its debt are well covered by EBIT (15.8x coverage).
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What is Cerrado Gold current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CERT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CERT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CERT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CERT's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CERT has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Brennan (57 yo)
Mr. Mark Peter Brennan is the Founding Partner of Ascendant Resources Inc. and its Executive Chairman since May 01, 2017. He serves as the Member of Advisory Board at aXpire. He served as Chief Executive O...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD300.06K) is above average for companies of similar size in the Canadian market ($USD179.12K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Experienced Management: CERT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: CERT's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CERT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|15 Sep 22||BuyCA$3,930||David Ball||Individual||4,000||CA$0.99|
|20 Jan 22||SellCA$1,800,000||Monte Sinai Mineracao Ltda||Company||1,200,000||CA$1.50|
|21 Dec 21||BuyCA$21,600||Carl Calandra||Individual||15,000||CA$1.44|
|20 Dec 21||BuyCA$21,529||Carl Calandra||Individual||15,000||CA$1.44|
|17 Dec 21||BuyCA$65,250||David Ball||Individual||45,000||CA$1.45|
|17 Dec 21||BuyCA$23,200||Mark Brennan||Individual||16,000||CA$1.45|
|17 Dec 21||SellCA$145,000||Monte Sinai Mineracao Ltda||Company||100,000||CA$1.45|
|09 Dec 21||SellCA$139,357||Mark Brennan||Individual||87,200||CA$1.64|
|08 Dec 21||BuyCA$12,830||David Ball||Individual||8,000||CA$1.61|
|17 Nov 21||SellCA$10,564||Monte Sinai Mineracao Ltda||Company||5,700||CA$1.86|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Cerrado Gold Inc.'s employee growth, exchange listings and data sources
- Name: Cerrado Gold Inc.
- Ticker: CERT
- Exchange: TSXV
- Founded: NaN
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$66.000m
- Shares outstanding: 78.57m
- Website: https://www.cerradogold.com
- Cerrado Gold Inc.
- 200 Bay Street
- Suite 3205
- M5J 2J2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CERT||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Feb 2021|
|CRDO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 2021|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/25 00:00|
|End of Day Share Price||2022/09/23 00:00|
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 here.