FY2026 EPS Estimate for Collective Mining Reduced by Analyst

Key Points

• Scotiabank cut Collective Mining’s FY2026 EPS estimate to a loss of $0.54 per share from a previous estimate of $0.35, slightly below the $0.53 consensus loss estimate. The bank forecast a FY2027 loss of $0.26 per share.
• Analyst sentiment remains cautious: Weiss Ratings initiated coverage with a “sell” rating, while Zacks Research upgraded the stock to “hold.” The stock has an average MarketBeat rating of “Reduce.”
• Collective Mining shares opened at $15.69, with a market capitalization of about $1.46 billion and a one-year trading range of $9.77 to $21.97. The Public Employees Retirement System of Ohio also disclosed a new stake worth approximately $155,000.

Collective Mining Ltd. (NASDAQ:CNL - Free Report) - Equities researchers at Scotiabank decreased their FY2026 earnings estimates for Collective Mining in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of ($0.54) for the year, down from their previous estimate of ($0.35). The consensus estimate for Collective Mining's current full-year earnings is ($0.53) per share. Scotiabank also issued estimates for Collective Mining's FY2027 earnings at ($0.26) EPS.

Several other analysts have also recently issued reports on CNL. Weiss Ratings assumed coverage on Collective Mining in a research note on Thursday, August 13th. They set a "sell (d-)" rating on the stock. Zacks Research upgraded Collective Mining from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce".

Collective Mining Stock Performance

NASDAQ:CNL opened at $15.69 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.99 and a quick ratio of 3.99. The stock has a market capitalization of $1.46 billion, a P/E ratio of -24.52 and a beta of -0.84. Collective Mining has a one year low of $9.77 and a one year high of $21.97.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Collective Mining stock. Public Employees Retirement System of Ohio purchased a new stake in Collective Mining Ltd. (NASDAQ:CNL - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 12,618 shares of the company's stock, valued at approximately $155,000.

About Collective Mining

Collective Mining Ltd. is a Canadian mineral exploration and development company focused on discovering and advancing precious- and base-metal deposits in Colombia. The company's activities include geological exploration, drilling, resource evaluation and project development, with an emphasis on high-grade gold, silver and copper opportunities.

Collective Mining's principal assets are located in the Caldas region of Colombia, including the Guayabales and Plutus projects. Exploration at Guayabales has focused on multiple mineralized systems, including the Apollo system, while the company continues to assess additional targets across its Colombian exploration portfolio.

The company was established to pursue district-scale mineral opportunities in Colombia and is led by Executive Chairman Ari Sussman and President and Chief Executive Officer Alistair Waddell.

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