Collective Mining Ltd. (TSE:CNL – Get Free Report)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$3.02 and last traded at C$3.13, with a volume of 48390 shares. The stock had previously closed at C$3.05.
Analyst Upgrades and Downgrades
Several research firms have recently commented on CNL. Ventum Financial upped their price target on Collective Mining from C$8.50 to C$8.70 in a research note on Tuesday, May 28th. BMO Capital Markets set a C$8.25 price objective on Collective Mining and gave the stock an “outperform” rating in a research report on Wednesday, June 19th. Finally, Canaccord Genuity Group increased their price objective on Collective Mining from C$7.25 to C$8.25 in a research report on Tuesday, April 23rd.
Get Our Latest Analysis on Collective Mining
Collective Mining Price Performance
Insider Buying and Selling at Collective Mining
In other news, Director Ari B. Sussman bought 25,000 shares of the stock in a transaction on Friday, June 28th. The shares were bought at an average price of C$3.10 per share, with a total value of C$77,500.00. In other news, Director Ari B. Sussman bought 25,000 shares of the stock in a transaction on Friday, June 28th. The shares were bought at an average price of C$3.10 per share, with a total value of C$77,500.00. Also, Director Paul Murphy sold 10,000 shares of the company’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of C$5.07, for a total value of C$50,700.00. 33.66% of the stock is owned by corporate insiders.
About Collective Mining
Collective Mining Ltd., an exploration and development company, focuses on identifying and exploring prospective gold projects in South America. The company explores for gold, silver, and copper deposits. It holds 100% interests in the Guayabales project consisting of 26 claims with a total area of 4,780.98 hectares located in the Caldas department of Colombia; and the San Antonio project covering an area of 4,729 hectares located in the department of Caldas, Colombia.
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