Shares of Collective Mining Ltd. (TSE:CNL - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as C$5.41 and last traded at C$5.23, with a volume of 97050 shares traded. The stock had previously closed at C$5.05.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group upped their price target on shares of Collective Mining from C$8.25 to C$8.75 in a research note on Tuesday, July 23rd.
Read Our Latest Analysis on Collective Mining
Collective Mining Trading Up 3.8 %
The firm has a market cap of C$357.63 million, a PE ratio of -11.15 and a beta of 0.87. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.18 and a current ratio of 7.26. The company has a 50 day simple moving average of C$4.45 and a two-hundred day simple moving average of C$4.12.
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.
Further Reading
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