Collective Mining Ltd. (TSE:CNL - Get Free Report) shares reached a new 52-week high during trading on Friday . The stock traded as high as C$6.10 and last traded at C$5.91, with a volume of 64927 shares traded. The stock had previously closed at C$5.97.
Analysts Set New Price Targets
Separately, Scotiabank set a C$8.50 price objective on Collective Mining and gave the company an "outperform" rating in a report on Monday, November 4th.
View Our Latest Stock Analysis on CNL
Collective Mining Stock Performance
The stock has a market cap of C$403.36 million, a PE ratio of -12.57 and a beta of 0.87. The stock has a fifty day moving average of C$5.18 and a 200-day moving average of C$4.37. The company has a quick ratio of 1.18, a current ratio of 7.26 and a debt-to-equity ratio of 0.95.
About Collective Mining
(
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Collective Mining Ltd., an exploration and development company, focuses on identifying and exploring prospective gold projects in South America. The company explores for gold, silver, and copper deposits. It holds 100% interests in the Guayabales project consisting of 26 claims with a total area of 4,780.98 hectares located in the Caldas department of Colombia; and the San Antonio project covering an area of 4,729 hectares located in the department of Caldas, Colombia.
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