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Collective Mining ( (TSE:CNL) ) just unveiled an announcement.
On October 8, 2025, Collective Mining Ltd. announced the completion of a significant financing initiative, raising approximately $140 million through a ‘bought deal’ offering and a concurrent private placement. The funds are intended to advance the Guayabales Project, including exploration and development activities, and to support other corporate purposes. This move is expected to bolster the company’s exploration capabilities and strengthen its market position in the mining sector.
The most recent analyst rating on (TSE:CNL) stock is a Buy with a C$18.00 price target. To see the full list of analyst forecasts on Collective Mining stock, see the TSE:CNL Stock Forecast page.
More about Collective Mining
Collective Mining Ltd. is a company based in Toronto, Ontario, Canada, primarily involved in the mining industry. The company focuses on mineral exploration and development, with a particular emphasis on expanding gold deposits through exploration activities and technical studies.
Average Trading Volume: 185,813
Technical Sentiment Signal: Buy
Current Market Cap: C$1.57B
See more insights into CNL stock on TipRanks’ Stock Analysis page.