Cerrado Gold Inc.

TSXV:CERT Stock Report

Market Cap: CA$215.8m

Cerrado Gold Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Mark Brennan

Chief executive officer

US$333.6k

Total compensation

CEO salary percentage100.00%
CEO tenure4.7yrs
CEO ownership4.1%
Management average tenure2.6yrs
Board average tenure4yrs

Recent management updates

Recent updates

Cerrado Gold Inc.'s (CVE:CERT) 29% Share Price Surge Not Quite Adding Up

Sep 17
Cerrado Gold Inc.'s (CVE:CERT) 29% Share Price Surge Not Quite Adding Up

Solid Earnings Reflect Cerrado Gold's (CVE:CERT) Strength As A Business

Aug 29
Solid Earnings Reflect Cerrado Gold's (CVE:CERT) Strength As A Business

Cerrado Gold Inc. (CVE:CERT) Surges 36% Yet Its Low P/S Is No Reason For Excitement

Aug 02
Cerrado Gold Inc. (CVE:CERT) Surges 36% Yet Its Low P/S Is No Reason For Excitement

Cerrado Gold Inc.'s (CVE:CERT) Shares Bounce 43% But Its Business Still Trails The Industry

Apr 22
Cerrado Gold Inc.'s (CVE:CERT) Shares Bounce 43% But Its Business Still Trails The Industry

Cerrado Gold Inc.'s (CVE:CERT) Shares Not Telling The Full Story

Feb 06
Cerrado Gold Inc.'s (CVE:CERT) Shares Not Telling The Full Story

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 2025n/an/a

US$2m

Mar 31 2025n/an/a

US$2m

Dec 31 2024US$334kUS$334k

US$534k

Sep 30 2024n/an/a

-US$3m

Jun 30 2024n/an/a

US$993k

Mar 31 2024n/an/a

-US$822k

Dec 31 2023US$316kUS$316k

-US$3m

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 ($USD333.59K) is below average for companies of similar size in the Canadian market ($USD497.47K).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.

CEO

Mark Brennan (60 yo)

4.7yrs
Tenure
US$333,588
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$333.59k4.07%
CA$ 8.8m
Jason Brooks
Chief Financial Officer4.3yrsUS$156.37k0.22%
CA$ 469.6k
Casper Groenewald
Chief Operating Officer4.2yrsUS$277.99k0.76%
CA$ 1.6m
Clifford Hale-Sanders
Presidentno dataUS$258.72kno data
Andrew Croal
Chief Technical Officer1yrno datano data
Michael McAllister
Vice President of Investor Relations2.6yrsno datano data
Carl Calandra
VP, General Counsel & Corporate Secretary4.3yrsno datano data
David Ball
Vice President of Corporate Development3.9yrsUS$41.89kno data
Veronica Nohara
President & Country Manager of Argentinano datano datano data
Chris MacInnis
Director of Geology & Resources2.6yrsno datano data
Mauricio Coletti
Chief Mining Engineer2.5yrsno datano data
Mauro De Silva
Chief Processing Engineer2.5yrsno datano data
2.6yrs
Average Tenure
55yo
Average Age

Experienced Management: CERT's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mark Brennan
CEO & Chairman4.7yrsUS$333.59k4.07%
CA$ 8.8m
Robert Sellars
Independent Director3.3yrsUS$27.80kno data
Elmer Salomao Neto
Independent Director4.7yrsUS$27.80k0.26%
CA$ 563.5k
Kurt Menchen
Director4.7yrsUS$124.21k1.64%
CA$ 3.5m
Rui Botica do Rego Santos
Directorless than a yearno data0.033%
CA$ 70.7k
Christopher Jones
Independent Director3.3yrsUS$34.75k0.10%
CA$ 219.9k
Maria Anzola
Independent Director2.3yrsUS$27.80k0.017%
CA$ 37.4k
Jad Salomao
Director4.7yrsUS$93.12k0.11%
CA$ 241.5k
4.0yrs
Average Tenure
60yo
Average Age

Experienced Board: CERT's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/16 10:23
End of Day Share Price 2025/10/16 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cerrado Gold Inc. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kerry SmithHaywood Securities Inc.
Heiko IhleH.C. Wainwright & Co.
Taylor CombaluzierRed Cloud Securities