Cerrado Gold Q2 2026 slides: production jumps 35%, costs rise

Cerrado Gold Inc. (CERT) saw a 35% surge in gold-equivalent production in Q2 2026, reaching 15,415 ounces, while costs increased. The company's diversified portfolio strategy includes projects in Argentina, Portugal, and Canada, with the San Nicolas gold mine in Argentina funding two major ventures: Lagoa Salgada in Portugal and Mont Sorcier in Quebec.

Production growth was driven by improved heap leach operations and the CIL plant, with adjusted EBITDA at $28.2 million and net income of $9.2 million. Costs rose to $1,933 per ounce, due to wage inflation in Argentina. The company's stock rose 7.02% to $2.44, nearing its 52-week high of $2.48.