Collective Mining Ltd. (TSE:CNL – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as C$27.54 and last traded at C$26.94, with a volume of 117401 shares traded. The stock had previously closed at C$24.21.
Collective Mining Trading Up 1.4%
The stock has a market capitalization of C$2.55 billion, a P/E ratio of -54.25 and a beta of 0.55. The stock’s fifty day moving average price is C$22.13 and its 200 day moving average price is C$18.61. The company has a debt-to-equity ratio of 1.20, a current ratio of 4.36 and a quick ratio of 1.18.
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.
Further Reading
- Five stocks we like better than Collective Mining
- Read this or regret it forever
- This makes me furious
- The free stock picks nobody’s talking about
- Elon Musk: This Could Turn $100 into $100,000
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for Collective Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Collective Mining and related companies with MarketBeat.com's FREE daily email newsletter.
