Shares of Collective Mining Ltd. (TSE:CNL – Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as C$9.87 and last traded at C$9.76, with a volume of 22201 shares traded. The stock had previously closed at C$9.35.
Collective Mining Stock Up 2.4 %
The company has a debt-to-equity ratio of 1.20, a current ratio of 4.36 and a quick ratio of 1.18. The firm’s 50-day moving average is C$7.58 and its 200 day moving average is C$5.53. The stock has a market cap of C$525.76 million, a price-to-earnings ratio of -19.18 and a beta of 0.87.
Collective Mining Company Profile
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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