Collective Mining (TSE:CNL) Releases Quarterly Earnings Results

Collective Mining (TSE:CNL) posted its earnings results on Wednesday. The company reported C($0.31) earnings per share for the quarter, FiscalAI reports.

Collective Mining Stock Performance

Shares of CNL stock opened at C$20.22 on Friday. Collective Mining has a 52-week low of C$13.27 and a 52-week high of C$30.12. The company’s 50 day moving average is C$18.55 and its 200 day moving average is C$22.08. The company has a quick ratio of 1.18, a current ratio of 3.99 and a debt-to-equity ratio of 12.64. The firm has a market cap of C$1.88 billion, a price-to-earnings ratio of -41.27 and a beta of 1.22.

Collective Mining Company Profile

Collective Mining is an exploration and development company focused on identifying and exploring prospective mineral projects in South America. Founded by the team that developed and sold Continental Gold Inc to Zijin Mining for approximately $2 billion in enterprise value, the mission of the Company is to repeat its past success in Colombia by making a significant new mineral discovery and advancing the projection to production. Management, insiders and close family and friends own approximately 40% of the outstanding shares of the Company and as a result, are fully aligned with shareholders.