Collective Mining (TSE:CNL)
TSX:CNL
Want to see TSE:CNL full AI Analyst Report?
Top Page
Collective Mining
(TSX:CNL)
Select Model
Select Model
Rating:44Neutral
Price Target:
C$18.00
▼(-35.97% Downside)
Action:Reiterated
Date:05/15/26
The score is primarily held down by weak financial performance (pre-revenue, sustained losses, and ongoing cash burn with increased leverage). Technical indicators are mixed but currently soft, and valuation metrics provide limited support due to negative earnings and no dividend yield.
Positive Factors
Strong equity base & asset growth
A sizeable equity base (~$134.4M) and asset growth provide durable funding capacity for exploration spend and project advancement without immediate reliance on costly short-term debt. This supports multi-stage drill programs and preserves optionality for discoveries over months.
Negative Factors
Pre-revenue, sustained net losses
Being pre-revenue with material, persistent losses means the business lacks operating cash inflows and depends on exploration success and external funding. Over a multi-month horizon this structural profile limits ability to self-fund growth and increases execution risk if results lag expectations.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong equity base & asset growth
A sizeable equity base (~$134.4M) and asset growth provide durable funding capacity for exploration spend and project advancement without immediate reliance on costly short-term debt. This supports multi-stage drill programs and preserves optionality for discoveries over months.
Read all positive factors
Collective Mining (CNL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.59B
Dividend YieldN/A
Average Volume (3M)214.71K
Price to Earnings (P/E)―
Beta (1Y)1.43
Revenue GrowthN/A
EPS Growth4.09%
CountryCA
Employees102
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.53
Shares Outstanding86,247,400
10 Day Avg. Volume255,522
30 Day Avg. Volume214,706
Financial Highlights & Ratios
PEG Ratio-0.31
Price to Book (P/B)8.52
Price to Sales (P/S)0.00
P/FCF Ratio-29.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$32.69Price Target Upside16.30% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.39
Revenue Forecast (FY)C$2.00M
Collective Mining Business Overview & Revenue Model
Company Description
Collective Mining Ltd. is a company dedicated to identifying and advancing promising mineral resources, with a primary focus on gold prospects throughout South America. Its exploration activities target deposits containing gold, silver, and copper...
How the Company Makes Money
null...
Collective Mining Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
55
Neutral
Cash Flow
22
Negative
| Breakdown | Mar 2026 | Dec 2024 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -97.50K | -44.38K | -22.43K | -8.81K | -6.61K |
| EBITDA | -48.35M | -26.56M | -18.87M | -17.15M | -10.24M |
| Net Income | -49.86M | -26.95M | -19.13M | -17.27M | -17.31M |
Balance Sheet | |||||
| Total Assets | 158.05M | 42.56M | 16.97M | 10.14M | 17.27M |
| Cash, Cash Equivalents and Short-Term Investments | 129.65M | 38.93M | 14.17M | 8.50M | 16.31M |
| Total Debt | 1.86M | 155.53K | 119.70K | 76.61K | 121.65K |
| Total Liabilities | 12.92M | 5.55M | 4.25M | 3.20M | 1.69M |
| Stockholders Equity | 145.13M | 37.01M | 12.72M | 6.94M | 15.58M |
Cash Flow | |||||
| Free Cash Flow | -41.83M | -22.81M | -17.29M | -14.54M | -8.10M |
| Operating Cash Flow | -35.88M | -22.57M | -16.94M | -14.22M | -7.87M |
| Investing Cash Flow | -14.66M | -238.93K | -353.51K | -319.01K | -234.03K |
| Financing Cash Flow | 140.73M | 49.30M | 22.26M | 7.26M | 23.07M |
Collective Mining Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | C$2.38B | -251.74 | -3.39% | ― | ― | ― | |
58 Neutral | C$1.10B | 135.42 | 4.55% | ― | ― | ― | |
49 Neutral | C$759.47M | -8.70 | -22.69% | ― | ― | -1.42% | |
47 Neutral | C$1.74B | -5.17 | -66.87% | ― | 135.64% | 18.28% | |
45 Neutral | C$2.27B | -235.58 | -7.29% | ― | 112.44% | 1.33% | |
44 Neutral | C$1.59B | -23.35 | -43.84% | ― | ― | 4.09% |
* Basic Materials Sector Average
TSE:CNL
Collective Mining
17.62
3.34
23.39%
TSE:RUP
Rupert Resources
10.12
5.35
112.16%
TSE:GTWO
G2 Goldfields Inc
8.74
5.89
206.67%
TSE:RIO
Rio2
2.43
1.05
76.09%
TSE:NFG
New Found Gold
2.10
0.12
6.06%
TSE:IAU
i-80 Gold Corp
1.99
1.08
118.68%
Collective Mining Corporate Events
Business Operations and Strategy
Collective Mining Extends High-Grade Ramp Zone at Apollo With Deep Drill Hit
Positive
Mar 30, 2026
Collective Mining reported new assay results from directional drill hole APC150-D1 at the Ramp Zone of its Apollo system, including a standout intercept of 83.75 meters grading 21.14 g/t gold and 17 g/t silver from 1,335 meters below surface. The ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.