Collective Mining (TSE:CNL) Announces Earnings Results

Collective Mining (TSE:CNL) posted its quarterly earnings data on Wednesday. The company reported C($0.31) earnings per share (EPS) for the quarter, FiscalAI reports.

Collective Mining Stock Performance

Collective Mining stock opened at C$19.89 on Thursday. Collective Mining has a 52 week low of C$13.14 and a 52 week high of C$30.12. The company has a current ratio of 4.77, a quick ratio of 1.18 and a debt-to-equity ratio of 33.19. The stock has a market cap of C$1.84 billion, a P/E ratio of -40.59 and a beta of 1.22. The stock has a 50 day moving average of C$18.59 and a 200-day moving average of C$22.10.

About Collective Mining

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. Management, insiders and close family and friends own approximately 40% of the outstanding shares of the Company and as a result, are fully aligned with shareholders.