Streetbeat News

CRDOF

Cerrado Gold Inc.

Industry

Gold Ore Mining

Open

0.26

Mkt cap

25M

Volume

73K

High

0.26

P/E Ratio

-6.25

52-wk high

0.55

Low

0.25

Div yield

N/A

52-wk low

0.10

Cerrado Gold Inc. has announced a normal course issuer bid to repurchase up to 5% of its common shares, as management believes the shares are undervalued. The buyback will start on November 15, 2024, and could positively impact the stock price.

Portfolio Pulse from

November 13, 2024 | 11:15 am

Cerrado Gold Inc. has completed the sale of its Monte Do Carmo gold project in Brazil to Amarillo Mineração do Brasil Ltda., a subsidiary of Hochschild Mining PLC, for a total of $45 million, with $30 million received upfront and $15 million in future payments.

Portfolio Pulse from

November 06, 2024 | 10:15 pm

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