Shares of Collective Mining Ltd. (TSE:CNL - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.20 and traded as high as C$5.29. Collective Mining shares last traded at C$5.00, with a volume of 83,360 shares changing hands.
Analyst Ratings Changes
A number of analysts have commented on the company. Canaccord Genuity Group upped their price target on Collective Mining from C$8.25 to C$8.75 in a research report on Tuesday, July 23rd. Scotiabank set a C$8.50 target price on shares of Collective Mining and gave the stock an "outperform" rating in a report on Monday, November 4th.
Read Our Latest Research Report on Collective Mining
Collective Mining Stock Down 2.2 %
The company has a market cap of C$333.74 million, a PE ratio of -10.40 and a beta of 0.87. The company has a fifty day moving average of C$4.71 and a two-hundred day moving average of C$4.21. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.18 and a current ratio of 7.26.
Collective Mining Company Profile
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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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