Collective Mining Ltd. (NASDAQ:CNL – Free Report) – Equities researchers at Scotiabank decreased their FY2026 EPS estimates for shares of Collective Mining in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of ($0.54) per share 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.
CNL has been the subject of a number of other research reports. Weiss Ratings began coverage on shares of Collective Mining in a research note on Thursday, August 13th. They issued 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. Based on data from MarketBeat.com, Collective Mining presently has a consensus rating of “Reduce”.
Collective Mining Stock Up 2.8%
Shares of CNL opened at $16.13 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.99 and a current ratio of 3.99. Collective Mining has a fifty-two week low of $9.77 and a fifty-two week high of $21.97.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Collective Mining stock. Public Employees Retirement System of Ohio purchased a new stake in Collective Mining Ltd. (NASDAQ:CNL – Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm 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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