Shares of Collective Mining Ltd. (TSE:CNL - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$4.09 and traded as high as C$4.80. Collective Mining shares last traded at C$4.76, with a volume of 56,513 shares traded.
Analyst Ratings Changes
Separately, Canaccord Genuity Group lifted their target price on Collective Mining from C$8.25 to C$8.75 in a report on Tuesday, July 23rd.
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Collective Mining Price Performance
The stock has a market capitalization of C$324.87 million, a price-to-earnings ratio of -10.13 and a beta of 0.87. The company has a fifty day simple moving average of C$4.36 and a 200 day simple moving average of C$4.09. 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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