Collective Mining (TSE:CNL) Announces Quarterly Earnings Results

Collective Mining (TSE:CNL) posted its quarterly earnings results on Tuesday. The company reported C($0.19) earnings per share for the quarter, reports.

Collective Mining Trading Up 9.6%

TSE:CNL opened at C$24.43 on Wednesday. The stock has a market cap of C$2.25 billion, a PE ratio of -47.90 and a beta of 1.09. Collective Mining has a fifty-two week low of C$11.41 and a fifty-two week high of C$28.99. The company has a debt-to-equity ratio of 18.20, a current ratio of 4.64 and a quick ratio of 1.18. The stock’s 50-day moving average is C$23.36 and its two-hundred day moving average is C$19.73.

About Collective Mining

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.