Collective Mining (TSE:CNL) Posts Quarterly Earnings Results

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

Collective Mining Stock Up 3.8%

Shares of TSE:CNL opened at C$25.36 on Thursday. The stock has a market capitalization of C$2.34 billion, a price-to-earnings ratio of -49.73 and a beta of 1.09. Collective Mining has a 1-year low of C$11.41 and a 1-year high of C$28.99. The company’s fifty day moving average is C$23.42 and its two-hundred day moving average is C$19.77. The company has a debt-to-equity ratio of 18.20, a quick ratio of 1.18 and a current ratio of 4.64.

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.