Cerrado Gold Inc.

TSXV:CERT Stock Report

Market Cap: CA$36.2m

Cerrado Gold Valuation

Is CERT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

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.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CERT?

Key metric: As CERT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CERT. This is calculated by dividing CERT's market cap by their current revenue.
What is CERT's PS Ratio?
PS Ratio0.3x
SalesUS$106.57m
Market CapUS$25.73m

Price to Sales Ratio vs Peers

How does CERT's PS Ratio compare to its peers?

The above table shows the PS ratio for CERT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average12.4x
ORV Orvana Minerals
0.3xn/aCA$41.7m
BOGO Borealis Mining
38.6xn/aCA$49.1m
SOMA Soma Gold
0.7xn/aCA$56.2m
GMTN Gold Mountain Mining
9.9xn/aCA$35.7m
CERT Cerrado Gold
0.3x61.0%CA$36.2m

Price-To-Sales vs Peers: CERT is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (12.4x).

Price to Sales Ratio vs Industry

How does CERT's PS Ratio compare vs other companies in the CA Metals and Mining Industry?

86 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.2.9x16.7%
CERT Cerrado Gold
 0.3x61.0%US$25.73m
TECK.B Teck Resources
2x-10.6%US$23.92b
LUN Lundin Mining
1.8x4.4%US$7.89b
CERT 0.3xIndustry Avg. 2.9xNo. of Companies86PS0816243240+
86 CompaniesEstimated GrowthMarket Cap
Industry Avg.2.9x39.6%
CERT Cerrado Gold
 0.3xn/aUS$25.73m
No more companies

Price-To-Sales vs Industry: CERT is good value based on its Price-To-Sales Ratio (0.3x) compared to the Canadian Metals and Mining industry average (3x).

Price to Sales Ratio vs Fair Ratio

What is CERT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CERT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio7.9x

Price-To-Sales vs Fair Ratio: CERT is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (7.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CERT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$0.38
CA$0.96
+154.9%
51.6%CA$1.45CA$0.46n/a2
Nov ’25CA$0.41
CA$0.96
+133.1%
51.6%CA$1.45CA$0.46n/a2
Oct ’25CA$0.25
CA$0.95
+279.5%
52.7%CA$1.45CA$0.45n/a2
Sep ’25CA$0.23
CA$0.60
+157.4%
25.2%CA$0.75CA$0.45n/a2
Aug ’25n/a
CA$0.60
0%
24.4%CA$0.75CA$0.46n/a2
Jul ’25n/a
CA$0.60
0%
24.5%CA$0.75CA$0.45n/a2
Jun ’25n/a
CA$0.68
0%
32.9%CA$0.90CA$0.46n/a2
May ’25CA$0.20
CA$0.77
+285.9%
41.9%CA$1.09CA$0.45n/a2
Apr ’25CA$0.23
CA$0.77
+235.6%
41.9%CA$1.09CA$0.45n/a2
Mar ’25CA$0.27
CA$1.96
+627.3%
54.6%CA$2.81CA$0.45n/a3
Feb ’25CA$0.35
CA$1.95
+448.9%
54.5%CA$2.79CA$0.45n/a3
Jan ’25CA$0.60
CA$2.62
+336.7%
5.2%CA$2.80CA$2.46n/a3
Dec ’24CA$0.73
CA$2.67
+265.1%
4.8%CA$2.80CA$2.49n/a3
Nov ’24CA$0.63
CA$2.86
+353.3%
12.4%CA$3.21CA$2.50CA$0.412
Oct ’24CA$0.59
CA$2.85
+383.1%
12.5%CA$3.21CA$2.50CA$0.252
Sep ’24CA$0.61
CA$2.84
+365.7%
12.1%CA$3.19CA$2.50CA$0.232
Aug ’24CA$0.77
CA$3.09
+301.3%
13.5%CA$3.40CA$2.50n/a3
Jul ’24CA$0.85
CA$3.10
+264.4%
13.7%CA$3.44CA$2.50n/a3
Jun ’24CA$0.95
CA$3.14
+230.2%
14.5%CA$3.50CA$2.50n/a3
May ’24CA$0.93
CA$3.12
+235.1%
14.0%CA$3.46CA$2.50CA$0.203
Apr ’24CA$0.81
CA$3.15
+288.6%
14.4%CA$3.52CA$2.51CA$0.233
Mar ’24CA$0.87
CA$3.16
+262.9%
13.6%CA$3.51CA$2.55CA$0.273
Feb ’24CA$0.92
CA$3.12
+239.6%
14.4%CA$3.49CA$2.49CA$0.353
Jan ’24CA$0.88
CA$3.17
+260.1%
14.9%CA$3.52CA$2.50CA$0.603
Dec ’23CA$0.74
CA$3.11
+319.8%
14.0%CA$3.43CA$2.49CA$0.733
Nov ’23CA$0.76
CA$3.13
+311.5%
14.7%CA$3.50CA$2.48CA$0.633

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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