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CNLCollective Mining Ltd.
$12.57$1.2B
Overview & Verdict
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CNL logoCollective Mining Ltd.(CNL)Earnings, Financials & Key Ratios

CNL•NYSE
$12.57
Price updated Jul 7, 2026
SectorBasic MaterialsIndustryGoldSub-IndustryEarly-stage gold explorers
AboutCollective Mining Ltd., an exploration and development company, focuses on identifying and exploring prospective gold projects in South America. It holds 100% interests in the Guayabales project consisting of 22 claims with a total area of 4,300.16 hectares located in the Caldas department of Colombia; and the San Antonio project covering an area of 4,729 hectares located in Middle Cauca belt in the Department of Caldas, Colombia. The company is headquartered in Toronto, Canada.Show more
  • Revenue$0
  • EBITDA-$41M-84.2%
  • Net Income-$50M-94.3%
  • EPS (Diluted)-0.58-52.6%
  • ROE-54.75%+46.9%

CNL Price & Volume

Collective Mining Ltd. (CNL) stock price & volume — 10-year historical chart

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Accelerated Exploration Spend Drives Significant Capital Burn

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Negative
Financial:Healthy
Cash Flow:Burning
Primary Risk:Exploration Burn Rate Sustainability

Key Thesis Takeaways

  • Collective Mining is currently in an intensive, pre-revenue exploration phase at its Guayabales project, characterized by a significant ramp-up in drilling activity and associated capital expenditures.
  • While the company maintains a robust liquidity position with $113.7M in cash, the widening net loss of $12.2M in 2026Q1 and escalating SG&A expenses suggest a high-risk profile dependent on future capital market access.
  • Investors should monitor the firm's ability to convert these heavy investments into a definitive, economically viable resource estimate to justify the current valuation.

Verdict Logic

while the company holds a substantial $113.7M cash reserve to fund operations, the lack of revenue and the rapid expansion of the free cash flow deficit to $15.7M in 2026Q1 warrant a cautious, wait-and-see approach.

CNL Growth Metrics

Collective Mining Ltd. (CNL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-15.23%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-0.86%

Return on Capital

10 Years-58.44%
5 Years-118.62%
3 Years-110.75%
Last Year-45.06%

CNL Recent Earnings

Collective Mining Ltd. (CNL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 0/12 qtrs (0%)
Q2 2026Latest
May 13, 2026
Metric
Actual
Est
EPS
$0.13-30.0%
$0.10
Rev
—
$178,279
Q2 2026
Mar 30, 2026
Metric
Actual
Est
EPS
$0.16-77.8%
$0.09
Rev
—
$41,015
Q2 2026
Mar 25, 2026
Metric
Actual
Est
EPS
$0.09+0.0%
$0.09
Rev
—
$41,015
Q4 2025
Nov 12, 2025
Metric
Actual
Est
EPS
$0.13-30.0%
$0.10
Rev
—
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 13, 2026
$0.13vs $0.10-30.0%
—vs $178,279
Q2 2026Mar 30, 2026
$0.16vs $0.09-77.8%
—vs $41,015
Q2 2026Mar 25, 2026
$0.09vs $0.09+0.0%
—vs $41,015
Q4 2025Nov 12, 2025
$0.13vs $0.10-30.0%
—
Based on last 12 quarters of dataView full earnings history →

Latest CNL News

Recent stock market news and headlines for Collective Mining Ltd. (CNL)

PRNewsWire·Jun 29, 2026
Collective Mining Discovers a New Tungsten Enriched High-Grade Subzone 300 Meters Below Surface at Apollo by Drilling 27.35 m at 37.55 g/t AuEq (1.68% WO3, 11.62 g/t Au, 54 g/t Ag, 0.43% Cu)

High-grade tungsten, gold, silver and copper mineralization has been discovered along the eastern contact of the Apollo breccia body as follows: 27.35m @ 37.55 g/t gold equivalent (1.68% WO 3 , 11.62 g/t Au, 54 g/t Ag, 0.43% Cu) from 300m below surface (APC-162) APC-162 was designed to target 30 meters up-dip of previously released hole APC107-D5, which cut a tungsten rich intercept of 28.45m @ 0.80% WO 3, 1.63 g/t Au, 13 g/t Ag, 0.12% Cu. The new tungsten rich subzone, as defined by holes APC107-D5 and APC-162, begins at approximately 300 meters below surface and is distinct and separate from the upper tungsten rich zone in the Apollo breccia body, which covers the top 100 meters of the Apollo system from surface.

Peers Comparison

Key metrics vs top competitors for Collective Mining Ltd. (CNL)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CNL logoCNLCollective Mining Ltd.Current
$12.57$1.17B-21.67——-54.75%—
GFI logoGFIGold Fields Limited
$33.58$30.05B8.5268.77%34.5%76.87%—
MUX logoMUXMcEwen Mining Inc.
$18.15$1.08B30.7613.23%31.4%13.65%—
AEM logoAEMAgnico Eagle Mines Limited
$150.33$75.17B16.9743.71%39.46%22.02%—
KGC logoKGCKinross Gold Corporation
$23.87$28.59B12.0039.34%36.04%33.95%—
CDE logoCDECoeur Mining, Inc.
$16.04$10.44B17.8296.41%31.15%15.17%—

Compare CNL vs Peers

Collective Mining Ltd. (CNL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GFI

Most directly comparable listed peer for CNL.

Scale Benchmark

vs CAT

Larger-name benchmark to compare CNL against a more recognizable public peer.

Peer Set

Compare Top 5

vs GFI, MUX, AEM, KGC

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CNL Frequently Asked Questions

Collective Mining Ltd. (CNL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is CNL profitable?

Collective Mining Ltd. (CNL) reported a net loss of $45.1M for fiscal year 2025.

Dividend & Returns
What is CNL's return on equity?

Collective Mining Ltd. (CNL) has a return on equity (ROE) of -54.7%. Negative ROE indicates the company is unprofitable.

What is Collective Mining Ltd.'s free cash flow?

Collective Mining Ltd. (CNL) had negative free cash flow of $52.1M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CNL back in 2001?

Total return calculator · dividends reinvested · 25+ years of data

See returns →