Collective Mining Ltd. (TSE:CNL - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$4.15 and traded as high as C$5.15. Collective Mining shares last traded at C$5.11, with a volume of 192,888 shares trading hands.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group upped their target price on shares of Collective Mining from C$8.25 to C$8.75 in a report on Tuesday, July 23rd.
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Collective Mining Stock Up 3.5 %
The firm has a market capitalization of C$361.04 million, a PE ratio of -10.87 and a beta of 0.87. The company has a current ratio of 7.26, a quick ratio of 1.18 and a debt-to-equity ratio of 0.95. The firm has a 50-day moving average of C$4.58 and a two-hundred day moving average of C$4.15.
About Collective Mining
(
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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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