Collective Mining Ltd. (TSE:CNL - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as C$16.30 and last traded at C$15.88, with a volume of 33609 shares changing hands. The stock had previously closed at C$15.85.
Analyst Ratings Changes
Separately, Scotiabank boosted their price target on shares of Collective Mining from C$9.50 to C$12.00 and gave the company an "outperform" rating in a report on Monday, March 17th.
View Our Latest Analysis on CNL
Collective Mining Stock Performance
The company has a market cap of C$870.77 million, a price-to-earnings ratio of -31.77 and a beta of 0.87. 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 stock has a 50-day moving average price of C$14.23 and a 200 day moving average price of C$10.82.
Collective Mining Company Profile
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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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