Collective Mining (CVE:CNL) Upgraded by Scotiabank to “Strong-Buy” Rating

Scotiabank upgraded shares of Collective Mining (CVE:CNL) to a strong-buy rating in a research note issued to investors on Monday morning, Zacks.com reports.

Separately, Roth Capital upgraded shares of Collective Mining to a “strong-buy” rating in a research note on Wednesday, July 10th.

Collective Mining Stock Performance

Shares of CNL stock opened at C$6.25 on Monday. The stock has a 50-day moving average of C$6.25. Collective Mining has a one year low of C$1.90 and a one year high of C$7.05.

Collective Mining (CVE:CNL) last issued its earnings results on Tuesday, August 13th. The company reported C($0.12) EPS for the quarter, missing analysts’ consensus estimates of C($0.08) by C($0.04).