Collective Mining Ltd. (TSE:CNL - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$6.95 and traded as high as C$13.69. Collective Mining shares last traded at C$13.24, with a volume of 102,242 shares changing hands.
Wall Street Analyst Weigh In
Separately, Scotiabank increased their price objective on Collective Mining from C$9.50 to C$12.00 and gave the stock an "outperform" rating in a report on Monday, March 17th.
Check Out Our Latest Research Report on Collective Mining
Collective Mining Price Performance
The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.18 and a current ratio of 4.36. The firm has a 50-day moving average of C$11.08 and a 200-day moving average of C$7.14. The firm has a market capitalization of C$868.02 million, a P/E ratio of -31.67 and a beta of 0.87.
Collective Mining Company Profile
(
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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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