Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 266.79%. However, over the last six months, the performance has been weaker by 84.84%. The price of CNL decreased -4.56% over the last 30 days. And in the last five days, it has surged by 11.79%.
Collective Mining Ltd (CNL) stock is currently valued at $10.05. During the last session, the stock experienced a remarkable rise, reaching $15.0 after opening at $10.05. The stock briefly dropped to $15.0 before ultimately closing at $9.42.
The market performance of Collective Mining Ltd’s stock has been harmonious in recent times.
52-week price history of CNL Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Collective Mining Ltd’s current trading price is -16.53% away from its 52-week high, while its distance from the 52-week low is 313.58%. The stock’s price range during this time has been between $2.43 and $12.04. The trading volume for the Basic Materials sector company’s shares reached about 0.83 million for the day, which was higher than the average daily volume of 61290.0 over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Collective Mining Ltd (CNL) has experienced a quarterly decline of -3.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 852.74M and boasts a workforce of 102 employees.
Collective Mining Ltd: Analysts’ Ratings Unveiled
As of right now, 4 analysts are rating Collective Mining Ltd as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.99, with a change in price of +2.24. Similarly, Collective Mining Ltd recorded 91,339 in trading volume during the last 100 days, posting a change of +28.68%.
CNL’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CNL stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
CNL Stock Stochastic Average
Today, Collective Mining Ltd’s raw stochastic average for the past 50 days stands at 46.78%, indicating a decline from the raw stochastic average of the last 20 days, which was 79.18%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 47.74% and 29.65% respectively.
