Collective Mining (TSE:CNL) Releases Quarterly Earnings Results

Collective Mining (TSE:CNL) announced its quarterly earnings results on Wednesday. The company reported C($0.36) EPS for the quarter, FiscalAI reports.

Collective Mining Stock Performance

TSE CNL opened at C$19.20 on Thursday. The business’s 50-day moving average price is C$17.70 and its 200 day moving average price is C$20.93. The company has a current ratio of 3.99, a quick ratio of 1.18 and a debt-to-equity ratio of 12.64. Collective Mining has a twelve month low of C$13.76 and a twelve month high of C$30.12. The company has a market capitalization of C$1.78 billion, a PE ratio of -30.97 and a beta of 1.14.

Collective Mining Company Profile

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).