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Collective Mining ( (TSE:CNL) ) has issued an update.
Collective Mining Ltd., a company engaged in the mining industry, has released its unaudited interim condensed consolidated financial statements for the three and six months ended June 30, 2025. The financial report highlights a significant increase in the company’s cash and cash equivalents, rising from $38.9 million at the end of 2024 to $70.6 million by June 2025. However, the company also reported a net loss before income tax of $8.5 million for the three months ended June 30, 2025, compared to a loss of $6.3 million in the same period the previous year. This financial performance reflects ongoing challenges in exploration and evaluation expenses, which have increased compared to the previous year.
The most recent analyst rating on (TSE:CNL) stock is a Buy with a C$8.50 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
Average Trading Volume: 165,903
Technical Sentiment Signal: Buy
Current Market Cap: C$1.12B
For detailed information about CNL stock, go to TipRanks’ Stock Analysis page.