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Collective Mining Ltd. (T:CNL)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 82 Richmond St E 4th Floor,
TORONTO ON M5C 1P1
Tel: N/A
Website: https://collectivemining.com
IR: See website
Key People
Ari Sussman
Executive Chairman of the Board
Omar Ossma
President, Chief Executive Officer
Paul Begin
Chief Financial Officer, Corporate Secretary
Business Overview
Collective Mining Ltd. is a Canada-based copper, silver, and gold exploration company with projects in Caldas, Colombia. The Company has options to acquire a 100% interest in two projects located directly within an established mining camp with ten fully permitted and operating mines. The Company's two projects are Guayabales and San Antonio. The Company's Guayabales project is anchored by the Apollo target, which hosts the bulk-tonnage and high-grade copper-silver-gold Apollo porphyry system. The Guayabales is a Copper, Gold, and Silver Project, which consists of approximately 4,300.16 hectares, situated in the prolific Middle Cauca mineral belt in Colombia, situated along the west side of the Panamerican highway. The San Antonio is also a copper-silver-gold project, which consists of approximately 4,729 hectares, situated four kilometers east of the Company's Guayabales project and is straddled by the Pan-American highway.
Financial Overview
For the three months ended 31 March 2024, Collective Mining Ltd revenues was not reported. Net loss increased 19% to $4.7M. Higher net loss reflects Exploration and evaluation - Balancing v increase of 90% to $3.8M (expense), Foreign exchange gain (loss) decrease from $458K (income) to $180K (expense), Salaries and benefits increase of 50% to $397K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -$0.07.
Reporting Currency: U.S. Dollars
Enterprise value: $256.88M as of Mar 31, 2024
Annual revenue (TTM): $0.00M as of Mar 31, 2024
EBITDA (TTM): -$28.73M as of Mar 31, 2024
Net annual income (TTM): -$27.06M as of Mar 31, 2024
Free cash flow (TTM): -$24.91M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 66,116,456 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization