Collective Mining (TSE:CNL) Announces Earnings Results

Collective Mining (TSE:CNL) posted its quarterly earnings results on Tuesday. The company reported C($0.19) EPS for the quarter, reports.

Collective Mining Trading Up 6.4%

TSE:CNL opened at C$22.30 on Tuesday. The company has a market cap of C$2.06 billion, a PE ratio of -43.73 and a beta of 1.09. The business’s 50 day moving average is C$23.30 and its two-hundred day moving average is C$19.69. The company has a quick ratio of 1.18, a current ratio of 4.64 and a debt-to-equity ratio of 18.20. Collective Mining has a 52 week low of C$11.41 and a 52 week high of C$28.99.

About Collective Mining

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. Management, insiders and close family and friends own approximately 40% of the outstanding shares of the Company and as a result, are fully aligned with shareholders.