CNL · AMEX · Gold

Collective Mining (CNL)

Explores Colombia’s Apollo-centered gold, silver, copper and tungsten district.

$16.32
At close+1.22 (+8.12%)
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Collective Mining Ltd.CNLMaterials

Explores the Guayabales and San Antonio properties in Colombia for gold, silver, copper and tungsten, with Apollo as the principal discovery. Operates as a pre-revenue, exploration-stage business funded mainly through equity issuances, with Guayabales its only material project.

Explores the Guayabales district in Colombia’s Middle Cauca belt for gold, silver, copper and tungsten, centered on the Apollo system and supported by the nearby San Antonio Project. The current business is drilling and advancing studies toward a potential mineral-resource estimate and preliminary economic assessment, rather than mining or metal sales.

Operates as a consolidated exploration-stage business with no separately reported operating segments or current operating revenue. Progress relies on Colombian mining titles, surface access, permits, drilling and assay providers, qualified personnel, and equity financing. Guayabales is the only material project, and no mineral resources or reserves had been declared there in the latest annual disclosure.

Company facts

CEONed Jalil
ListedJul 22, 2024
ExchangeAMEX
HeadquartersMiami, FL
CountryUnited States
Employees154
CIK0001953575
ISINCA19425C1005

Market cap$1.51B
EPS (ttm)−$0.6400
P/E (ttm)−25.44
ROE-49.2%
P/B12.99
P/S0.00
Dividend yieldDiv yield
Beta2.23vs XLB 1.24

Price target$25.00+53.6%Avg of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 11, 2026
estimated · in 69 days
EPS estimate
−$0.13
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.08−$0.09−$0.11−$0.13−$0.16−$0.13−$0.22Pending
Estimate−$0.07−$0.08−$0.10−$0.10−$0.09−$0.10−$0.13−$0.13
Surprise−14.3%−12.5%−10.0%−30.0%−77.8%−30.0%−69.2%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
ReportedPending
Estimate−$41.0K
Surprise
Estimate−$0.13
ReportedDue Nov 11, 2026
Estimate
ReportedDue Nov 11, 2026
View details

Debt to equity11.30%
Current ratio398.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$6.3M−$9.6M−$16.9M−$8.5M−$10.8M−$13.6M−$12.4M−$20.1M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$5.9M−$6.4M−$6.8M−$9.7M−$11.2M−$14.3M−$13.1M−$19.5M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $93.7M · Total debt $13.2M · Total assets $168.8M · Shareholders' equity $116.1M

Revenue
$0
Operating income
−$19.5M
Net income
−$20.1M
View details

No dividends on record.

Institutions50 holders · as of Mar 31, 202635.98%33.37M ADS
Insiders3 holders · as of Mar 18, 202626.26%24.36M ADS
Strategic holders1 holder · as of Mar 20, 202513.71%12.72M ADS
Otherremainder24.05%22.29M ADS

92.74M ADS as of Aug 27, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count is from the company's Dec 2024 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Agnico Eagle Mines LimitedStrategic
13.71%12.72M13Gfiled Mar 20, 2025
Helikon Investments LtdInstitution
11.84%10.98M ADS13Fas of Mar 31, 2026
Ari SussmanInsider
11.63%10.79M13Gfiled Mar 18, 2026
Pasquale DiCapoInsider
10.01%9.29M13Gfiled Nov 14, 2024
Jupiter Asset Management LtdInstitution
7.65%7.10M ADS13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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