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 |