Collective Mining Ltd. (TSE:CNL - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$8.24 and traded as high as C$14.23. Collective Mining shares last traded at C$14.18, with a volume of 105,631 shares trading hands.
Analysts Set New Price Targets
Separately, Scotiabank increased their price target on Collective Mining from C$9.50 to C$12.00 and gave the company an "outperform" rating in a research report on Monday, March 17th.
Check Out Our Latest Stock Report on CNL
Collective Mining Trading Down 5.0%
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 company has a market capitalization of C$697.16 million, a P/E ratio of -25.44 and a beta of 0.87. The firm has a fifty day moving average price of C$13.06 and a 200-day moving average price of C$8.32.
Collective Mining Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Collective Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Collective Mining wasn't on the list.
While Collective Mining currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
