Cerrado Gold Reports Q1 2026 Results with Record EBITDA
Cerrado Gold reported Q1 2026 gold equivalent production of 12,842 ounces at AISC of $1,348/oz and record adjusted EBITDA of $28.7 million, maintaining full-year guidance of 50,000-60,000 GEO.
Cerrado Gold has released its operational and financial results for the first quarter of 2026, posting record adjusted EBITDA of $28.7 million. The company produced 12,842 gold equivalent ounces at an all-in sustaining cost of $1,348 per ounce, benefiting from an unhedged gold position that allowed it to capture higher spot prices.
The strong quarterly performance was driven by solid production from its mines and the absence of hedging, which enabled Cerrado to fully benefit from elevated gold prices. The company maintained its full-year production guidance of 50,000 to 60,000 gold equivalent ounces. Adjusted EBITDA more than doubled compared to the prior-year period, reflecting both higher output and favorable gold market conditions. For gold traders, such results from a mid-tier producer signal healthy operational leverage in the current price environment, where many miners are seeing margin expansion. Investors tracking gold equities often monitor metrics like AISC and EBITDA to gauge producer profitability relative to the spot price. NowPrice's gold page provides real-time pricing context for those assessing the sector's valuation.
Looking ahead, Cerrado continues to advance its Lagoa Salgada and Mont Sorcier projects, while the recent acquisition of Falcon properties positions its subsidiary MDN for longer-term growth. Management will host a conference call on May 28 at 11:00 AM EDT to discuss the results. The company's ability to maintain guidance amid project development will be a key focus for investors, especially as gold prices remain volatile. Traders should watch for any updates on production costs and expansion timelines, which could influence the stock's performance.