Collective Mining Ltd. (TSE:CNL - Get Free Report) shares dropped 0.7% on Wednesday . The company traded as low as C$12.85 and last traded at C$13.02. Approximately 38,242 shares were traded during trading, a decline of 76% from the average daily volume of 156,147 shares. The stock had previously closed at C$13.11.
Collective Mining Stock Down 2.8%
The company has a quick ratio of 1.18, a current ratio of 4.36 and a debt-to-equity ratio of 1.20. The company has a market cap of C$717.49 million, a price-to-earnings ratio of -26.18 and a beta of 0.87. The stock has a fifty day moving average price of C$13.94 and a two-hundred day moving average price of C$12.42.
About Collective Mining
(
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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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