Cerrado Gold Inc.

TSXV:CERT Stock Report

Market Cap: CA$37.2m

Cerrado Gold Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Mark Brennan

Chief executive officer

US$316.3k

Total compensation

CEO salary percentage100.0%
CEO tenure3.8yrs
CEO ownership5.4%
Management average tenure1.7yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Cerrado Gold Inc. (CVE:CERT) Shares Fly 29% But Investors Aren't Buying For Growth

Oct 12
Cerrado Gold Inc. (CVE:CERT) Shares Fly 29% But Investors Aren't Buying For Growth

Insufficient Growth At Cerrado Gold Inc. (CVE:CERT) Hampers Share Price

Aug 13
Insufficient Growth At Cerrado Gold Inc. (CVE:CERT) Hampers Share Price

A Piece Of The Puzzle Missing From Cerrado Gold Inc.'s (CVE:CERT) 37% Share Price Climb

Apr 05
A Piece Of The Puzzle Missing From Cerrado Gold Inc.'s (CVE:CERT) 37% Share Price Climb

Cerrado Gold Inc. (CVE:CERT) Surges 26% Yet Its Low P/S Is No Reason For Excitement

Apr 19
Cerrado Gold Inc. (CVE:CERT) Surges 26% Yet Its Low P/S Is No Reason For Excitement

Cerrado Gold's (CVE:CERT) Returns On Capital Are Heading Higher

Mar 10
Cerrado Gold's (CVE:CERT) Returns On Capital Are Heading Higher

We Like These Underlying Return On Capital Trends At Cerrado Gold (CVE:CERT)

Aug 08
We Like These Underlying Return On Capital Trends At Cerrado Gold (CVE:CERT)

Cerrado Gold's (CVE:CERT) Solid Profits Have Weak Fundamentals

Jun 07
Cerrado Gold's (CVE:CERT) Solid Profits Have Weak Fundamentals

CEO Compensation Analysis

How has Mark Brennan's remuneration changed compared to Cerrado Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$5m

Mar 31 2024n/an/a

-US$7m

Dec 31 2023US$316kUS$316k

-US$7m

Sep 30 2023n/an/a

-US$9m

Jun 30 2023n/an/a

-US$16m

Mar 31 2023n/an/a

-US$17m

Dec 31 2022US$245kUS$245k

-US$6m

Sep 30 2022n/an/a

-US$2m

Jun 30 2022n/an/a

US$3m

Mar 31 2022n/an/a

US$3m

Dec 31 2021US$627kUS$300k

-US$6m

Sep 30 2021n/an/a

-US$14m

Jun 30 2021n/an/a

-US$15m

Mar 31 2021n/an/a

-US$15m

Dec 31 2020US$569kUS$256k

-US$13m

Compensation vs Market: Mark's total compensation ($USD316.30K) is above average for companies of similar size in the Canadian market ($USD169.25K).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.

CEO

Mark Brennan (59 yo)

3.8yrs

Tenure

US$316,296

Compensation

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...

Leadership Team

NamePositionTenureCompensationOwnership
Mark Brennan
CEO & Chairmanno dataUS$316.30k5.35%
CA$ 2.0m
Jason Brooks
Chief Financial Officer3.4yrsUS$170.12k0.039%
CA$ 14.6k
Casper Groenewald
Chief Operating Officer3.3yrsUS$321.94k0.72%
CA$ 267.0k
Andrew Croal
Chief Technical Officerless than a yearno datano data
Michael McAllister
Vice President of Investor Relations1.7yrsno datano data
Carl Calandra
VP, General Counsel & Corporate Secretary3.4yrsno datano data
David Ball
Vice President of Corporate Development3yrsUS$41.89kno data
Sergio Gelcich
Vice President of Explorationno datano datano data
Veronica Nohara
President & Country Manager of Argentinano datano datano data
Chris MacInnis
Director of Geology & Resources1.7yrsno datano data
Mauricio Coletti
Chief Mining Engineer1.6yrsno datano data
Mauro De Silva
Chief Processing Engineer1.6yrsno datano data

1.7yrs

Average Tenure

54yo

Average Age

Experienced Management: CERT's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Mark Brennan
CEO & Chairman3.8yrsUS$316.30k5.35%
CA$ 2.0m
Robert Sellars
Independent Director2.4yrsUS$30.24kno data
Elmer Salomao Neto
Independent Director3.8yrsno data0.34%
CA$ 126.0k
Robert Campbell
Independent Director3.8yrsUS$30.24k1.21%
CA$ 450.0k
Christopher Jones
Independent Director2.4yrsUS$37.81k0.078%
CA$ 28.9k
Maria Anzola
Independent Director1.4yrsno data0.022%
CA$ 8.4k
Jad Salomao
Director3.8yrsUS$120.14k0.15%
CA$ 54.0k

3.8yrs

Average Tenure

Experienced Board: CERT's board of directors are considered experienced (3.8 years average tenure).