
Collective Mining Ltd. (NASDAQ:CNL – Free Report) – Equities researchers at Scotiabank dropped their FY2026 EPS estimates for Collective Mining in a note issued to 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 forecast 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 research analysts also recently weighed in on CNL. Weiss Ratings started coverage on shares of Collective Mining in a research report on Thursday, August 13th. They set a “sell (d-)” rating for the company. Zacks Research upgraded Collective Mining from a “strong sell” rating to a “hold” rating in a report on Thursday, August 13th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.
Collective Mining Stock Performance
Shares of NASDAQ CNL opened at $16.47 on Monday. The company has a current ratio of 3.99, a quick ratio of 3.99 and a debt-to-equity ratio of 0.01. Collective Mining has a 52-week low of $9.77 and a 52-week high of $21.97.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in CNL. Bank of America Corp DE acquired a new stake in Collective Mining during the 2nd quarter worth $1,375,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Collective Mining during the second quarter worth $155,000. Finally, Groupe la Francaise raised its position in shares of Collective Mining by 8.5% in the second quarter. Groupe la Francaise now owns 510,000 shares of the company’s stock valued at $6,278,000 after buying an additional 40,000 shares during the last quarter.
Collective Mining Company Profile
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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