Collective Mining (TSE:CNL – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported C($0.36) earnings per share for the quarter, FiscalAI reports.
Collective Mining Stock Performance
TSE:CNL opened at C$18.20 on Friday. The company has a quick ratio of 1.18, a current ratio of 3.99 and a debt-to-equity ratio of 12.64. Collective Mining has a fifty-two week low of C$13.76 and a fifty-two week high of C$30.12. The stock has a market cap of C$1.69 billion, a PE ratio of -29.35 and a beta of 1.14. The firm’s fifty day simple moving average is C$17.62 and its 200-day simple moving average is C$20.91.
About Collective Mining
Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $1.4 billion in enterprise value, Collective is a gold, silver, copper and tungsten exploration company with projects in Caldas, Colombia. The Company’s two projects are located directly within an established mining camp with ten fully permitted and operating mines. The Company’s flagship project, Guayabales, is anchored by Apollo, a large-scale, bulk-tonnage and high-grade gold-silver-copper-tungsten deposit that hosts a maiden Mineral Resource of 2.58 million ounces AuEq Indicated (37 Mt at a grade of 2.17 g/t AuEq) and 2.83 million ounces AuEq Inferred (48.2 Mt at a grade of 1.83 g/t AuEq).
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