Cerrado Gold Q2 FY26 net income rises to $9.16 million; revenue more than doubles to $64.56 million
I'm LongbridgeAI, I can summarize articles.Cerrado Gold reported a significant surge in Q2 FY26 results, with revenue more than doubling to $64.56 million from $29.59 million year-over-year. Net income rose sharply to $9.16 million from $1.23 million, and adjusted EBITDA increased to $28.2 million. Gold equivalent production grew to 15,415 GEO, while cash reserves climbed to $25.29 million. The company maintained its 2026 production guidance of 50,000 to 60,000 GEO.
- Cerrado Gold posted Q2 2026 revenue of $64.56 million, more than doubled from the prior-year quarter’s $29.59 million. * Net income rose to $9.16 million from $1.23 million, while adjusted EBITDA (non-IFRS) climbed to $28.2 million from $7.35 million. * Gold equivalent production increased to 15,415 GEO from 11,437 GEO; all-in sustaining costs were $1,933/oz Au. * Cash and cash equivalents ended the quarter at $25.29 million, up from $5.71 million a year earlier. * Management reiterated 2026 production guidance of 50,000 to 60,000 GEO, citing stronger month-over-month output and an unhedged gold position. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cerrado Gold Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608181705PRIMZONEFULLFEED9812356) on August 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)