The earnings call presented a positive outlook with strong growth in production, revenue, and a decrease in all-in sustaining costs. The company has made significant improvements in its balance sheet and outlined ambitious expansion plans. Despite minor challenges in equipment costs and the crushing process, the overall sentiment is positive.

Company Guidance -

Q3 2025

During the Cerrado Gold Q1 2025 conference call, the company reported the production of 11,163 gold equivalent ounces (GEO), with 7,228 ounces from heap leach operations and nearly 3,000 ounces from the CIL plant. Adjusted EBITDA was $4.8 million, compared to a loss of $1.1 million the previous year, driven by an $8 million revenue increase due to higher gold prices, which rose by $550 per ounce. All-in sustaining costs decreased by 6% to $1,932 per ounce. Cerrado aims to reduce these costs to $1,500-$1,700 per ounce. The company maintained a strong cash balance of $20 million and made significant debt reductions, including $4 million in promissory notes and $3.4 million in trade payables. The focus remains on ramping up heap leach production to 4,000-4,500 GEO ounces per month and starting underground production in Q3. Cerrado increased its production guidance for 2025 from 50,000-55,000 ounces to 55,000-60,000 ounces. Additionally, they are launching a 20,000-meter open pit drilling program targeting 300,000 to 700,000 new ounces and preparing for a feasibility study on the Lagoa Salgada project in Portugal, with construction expected to begin in early 2026.

Record Heap Leach Production

Cerrado produced 11,163 GEO ounces in Q1 2025, with a record production from the heap leach operation at 7,228 GEO ounces, increasing by over 6,000 ounces year-over-year.

Significant Revenue and EBITDA Growth

An $8 million increase in revenue led to an adjusted EBITDA of $4.8 million, up from an EBITDA loss of $1.1 million in the prior year.

Decreased All-in Sustaining Costs

All-in sustaining costs were $1,932 per ounce, a 6% decrease from $2,045 in Q1 2024.

Balance Sheet Improvements

The company repaid $4 million in promissory notes and reduced various liabilities, maintaining a strong cash balance of US$20 million.

Expansion and Growth Plans

Guidance increased to 55,000-60,000 ounces, with ongoing projects like a new 20,000-meter drill program at MDN targeting 300,000-700,000 ounces of inferred resources.

Lagoa Salgada Project Advancements

Successfully completed metallurgical tests with imminent environmental impact assessment approval, aiming for a construction decision by late 2025.

Cerrado Gold (CRDOF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CRDOF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 20, 2025	2025 (Q3)	- / -	0.014	―	―	―
Aug 21, 2025	2025 (Q2)	- / 0.01	0.014	-28.57% (>-0.01)	―	―
May 29, 2025	2025 (Q1)	- / -	-0.07	―	―	―
May 01, 2025	2024 (Q4)	- / -0.04	-0.051	18.57% (<+0.01)	―	―
Nov 28, 2024	2024 (Q3)	- / 0.01	0	―	―	―
Aug 29, 2024	2024 (Q2)	0.02 / 0.01	-0.007	240.00% (+0.02)	―	―
Jun 26, 2024	2024 (Q1)	- / -	-0.09	―	―	―
Jun 13, 2024	2023 (Q4)	- / -0.07	-0.09	22.22% (+0.02)	―	―
Nov 29, 2023	2023 (Q3)	0.01 / 0.00	-0.08	―	―	―
Aug 24, 2023	2023 (Q2)	0.00 / -0.01	-0.02	50.00% (+0.01)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CRDOF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 21, 2025	$0.64	$0.68	+6.25%
May 29, 2025	$0.46	$0.47	+2.17%
May 01, 2025	$0.51	$0.47	-7.84%
Aug 29, 2024	$0.16	$0.17	+6.25%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cerrado Gold (CRDOF) report earnings?

Cerrado Gold (CRDOF) is schdueled to report earning on Nov 20, 2025, TBA (Confirmed).

What is Cerrado Gold (CRDOF) earnings time?

Cerrado Gold (CRDOF) earnings time is at Nov 20, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CRDOF EPS forecast?

Currently, no data Available

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