Collective Mining Ltd. (TSE:CNL - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$7.82 and last traded at C$7.76, with a volume of 294499 shares traded. The stock had previously closed at C$7.62.
Analyst Ratings Changes
Separately, Scotiabank set a C$8.50 price objective on Collective Mining and gave the stock an "outperform" rating in a report on Monday, November 4th.
View Our Latest Report on CNL
Collective Mining Stock Performance
The firm has a market capitalization of C$567.84 million, a price-to-earnings ratio of -17.70 and a beta of 0.87. The company has a 50-day moving average of C$6.27 and a 200-day moving average of C$4.87. The company has a current ratio of 7.26, a quick ratio of 1.18 and a debt-to-equity ratio of 0.95.
About Collective Mining
(
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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.
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