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Cerrado Gold ( (TSE:CERT) ) has provided an announcement.
Cerrado Gold says the Environmental Impact Assessment for its Lagoa Salgada polymetallic project in southern Portugal is now deemed tacitly approved under Portuguese law, after the environmental agency failed to issue a decision within the statutory deadline on a revised project submitted in November 2025. The company considers the project environmentally approved and plans to move into the Final Execution Project and Environmental Compliance (RECAPE) phase while seeking formal certification of the tacit approval, though it cautions that the Portuguese environmental authority could still object or issue an unfavourable opinion, leaving some permitting risk for the planned mine and its stakeholders.
The most recent analyst rating on (TSE:CERT) stock is a Buy with a C$3.30 price target. To see the full list of analyst forecasts on Cerrado Gold stock, see the TSE:CERT Stock Forecast page.
More about Cerrado Gold
Cerrado Gold is a Toronto-based precious and base metals company focused on gold production, development and exploration, with operating gold mines Minera Don Nicolás and Las Calandrias in Argentina, an 80% interest in the polymetallic Lagoa Salgada VMS project in Portugal’s Iberian Pyrite Belt, and the 100%-owned Mont Sorcier high-purity iron project in Quebec, Canada that targets premium iron concentrate for lower-carbon steel production.
Average Trading Volume: 429,611
Technical Sentiment Signal: Buy
Current Market Cap: C$308.6M
See more insights into CERT stock on TipRanks’ Stock Analysis page.