Collective Mining Ltd
CNLBasic Materials·Gold·USA·Small·NASD·Nov 11 • 3:59 PM ET
13.46-0.52 (-3.72%)
2026-11-11 23:33 CET
Market cap
1,208.60 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-56.86 USD m
Free cash flow, TTM
-72.38 USD m
EPS diluted, TTM
-0.62
P/E
-
Price
CNL against its 20, 50 and 200-day averages2050200earnings
38.7% under the 52-week high of 21.97 on 23 Apr 2026. 52-week low 9.77 on 14 Nov 2025. Last 15 sessions, 41.1% high to low
Volume 1.50× normal · the line is the 50-bar volume average
Profile
CNL52-week range, 30% of the way up
9.7721.97
Collective Mining Ltd. engages in the acquisition, exploration, and development of mineral properties in South America. It holds interests in San Antonio and Guayabales projects. The company was founded on February 21, 2018 and is headquartered in Miami, FL.
| Employees | 154 |
|---|---|
| IPO | Jul 16, 2021 |
| Beta | -1.10 |
| ATR, 14d | 0.81 |
| Rel volume | 1.50 |
| Short float | 4.20% |
| Insider own | 34.98% |
| Inst own | 39.92% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 1.16B |
| Enterprise Value | 1.11B |
| Income | -56.86M |
| Sales | 0.00M |
| Book/sh | 1.25 |
| Cash/sh | 1.08 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 154 |
| IPO | Jul 16, 2021 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 10.75 |
| P/C | 12.41 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 3.99 |
| Current Ratio | 3.99 |
| Debt/Eq | 0.35 |
| LT Debt/Eq | 0.24 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -0.62 |
|---|---|
| EPS next Y | -0.33 |
| EPS next Q | -0.07 |
| EPS this Y | 15.52% |
| EPS next Y | 33.67% |
| EPS next 5Y | 27.61% |
| EPS past 3/5Y | -17.93% -91.99% |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | -14.48% |
| Sales Y/Y TTM | - |
| EPS Q/Q | -100.28% |
| Sales Q/Q | - |
| Earnings | Aug 12 BMO |
| EPS/Sales Surpr. | -164.11% - |
Ownership
| Insider Own | 34.98% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 39.92% |
| Inst Trans | 5.68% |
| ROA | -44.61% |
| ROE | -60.81% |
| ROIC | -39.55% |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | 14.90% |
| SMA50 | 6.76% |
| SMA200 | -10.94% |
| Trades | - |
Technical
| Shs Outstand | 92.74M |
|---|---|
| Shs Float | 56.21M |
| Short Float | 4.20% |
| Short Ratio | 13.78 |
| Short Interest | 2.36M |
| 52W High | 21.97 -38.73% |
| 52W Low | 9.77 37.77% |
| Volatility | 6.85% 6.85% |
| ATR (14) | 0.81 |
| RSI (14) | 60.00 |
| Beta | -1.10 |
| Rel Volume | 1.50 |
| Avg Volume | 171.51K |
| Volume | 256,477 |
Performance
| Perf Week | 11.33% |
|---|---|
| Perf Month | 16.23% |
| Perf Quarter | -7.30% |
| Perf Half Y | -25.51% |
| Perf YTD | -7.75% |
| Perf Year | 25.56% |
| Perf 3Y | 359.39% |
| Perf 5Y | 495.58% |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 24.01 |
| Prev Close | 13.98 |
| Price | 13.46 |
| Change % | -3.72% |
Analyst ratings
latest 1 of 1| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Nov 04, 2024 | Initiated | BScotiabank | Sector Outperform |
Peers
Mkt capNews
latest 14 of 142- TSX miners rally as precious metals stocks dominate top gainers (Investing.com) +7.89%
- Collective Mining Expands Guayabales Through ANM-Granted Mining Titles Following Public Hearings (PR Newswire)
- 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) (PR Newswire)
- Tiger Gold Mobilizes Third Drill Rig and Commences Drilling at Dos Quebradas (TMX Newsfile) +12.40%
- Tiger Drills 139.6 m @ 0.9 g/t Au and Returns Higher-Than-Modelled Grades and Adds Ounces at Tesorito (TMX Newsfile)
- The Scarcity Premium: Investors Target High-Grade Systems in a $4,300 Market (PR Newswire)
- Collective Mining Expands Ramp Zone by Drilling its Highest Grade Intercept Ever at Apollo: 24.80 Metres @ 29.42 g/t Gold Within 63.90 Metres @ 13.46 g/t Gold from 388.25 Metres (PR Newswire) +5.38%
- Collective Mining Significantly Expands the Apollo System to the North by up to 450 Metres Through Multiple Broad Intercepts Representing a New Hanging Wall Vein Zone (PR Newswire) +5.44%
- Collective Mining Expands Apollo System's Ramp Zone Along Strike and at Depth with High-Grade Drill Results Including 23.35 Metres @ 8.24 g/t Gold Within 76.10 Metres @ 3.26 g/t Gold (PR Newswire)
- Collective Mining Announces that Drilling is Underway to Target the Near Surface and Tungsten Rich Portion of Apollo (PR Newswire)
- Collective Mining Provides an Exploration Update: Significant Visual Mineralization Intersected in Expansion Drilling at Both the Guayabales and San Antonio Projects (PR Newswire)
- Collective Mining Increases Previously Announced Bought Deal Financing to C$125 Million (GlobeNewswire) -10.17%
- Collective Mining Announces C$100 Million Bought Deal Financing (GlobeNewswire)
- Collective Mining Announces a 200 Metre Strike Extension at the Ramp Zone with Results Including 50.50 Metres at 5.66 g/t Gold and 13 g/t Silver (PR Newswire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q2 | 2026-08-12 | -0.220 | -0.083 | -0.090 | 0.00 | 0.00 | 3 |
| 2026Q1 | 2026-05-13 | -0.130 | -0.093 | -0.134 | 0.00 | 0.00 | 3 |
| 2025Q4 | 2026-03-30 | -0.120 | -0.107 | -0.147 | 0.00 | 0.00 | 3 |
| 2025Q3 | 2025-11-12 | -0.130 | -0.105 | -0.128 | 0.00 | 0.00 | 3 |
| 2025Q2 | 2025-08-19 | -0.110 | -0.090 | -0.108 | 0.00 | 0.00 | 3 |
| 2025Q1 | 2025-05-13 | -0.220 | -0.077 | -0.215 | 0.00 | 0.00 | 3 |
| 2024Q4 | 2025-04-03 | -0.101 | -0.085 | -0.130 | 0.00 | 0.00 | 3 |
| 2024Q3 | 2024-11-13 | -0.085 | -0.086 | -0.092 | 0.00 | 0.00 | 3 |
| 2024Q2 | 2024-08-16 | -0.090 | -0.075 | -0.093 | 0.00 | 0.00 | 2 |
| 2026Q3 | - | - | -0.075 | - | - | 0.00 | 2 |
| 2026Q4 | - | - | -0.070 | - | - | 0.00 | 2 |
| 2027Q1 | - | - | -0.080 | - | - | 0.00 | 2 |
| 2027Q2 | - | - | -0.080 | - | - | 0.00 | 2 |
| 2027Q3 | - | - | -0.085 | - | - | 0.00 | 2 |
| 2027Q4 | - | - | -0.085 | - | - | 0.00 | 2 |
| 2028Q1 | - | - | -0.040 | - | - | - | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2023FY | -0.330 | - | -0.329 | 0.00 | 0.00 |
| 2024FY | -0.363 | -0.339 | -0.394 | 0.00 | 0.50 |
| 2025FY | -0.580 | -0.467 | - | 1.00 | 1.00 |
| 2026FY | - | -0.490 | - | - | 1.50 |
| 2027FY | - | -0.325 | - | - | -0.50 |
| 2028FY | - | -0.220 | - | - | -10.00 |
| 2029FY | - | -0.170 | - | - | - |
| 2030FY | - | 1.400 | - | - | - |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-08-12 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-05-14 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-03-30 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-13 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-11 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-10 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-09 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-08 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-07 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-06 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-05 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-04 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-03 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-02 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -2.918 | -0.017 | -0.022 | -0.475 | -0.356 | -0.329 | -0.394 | -0.584 | -0.6246 |
|---|---|---|---|---|---|---|---|---|---|
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| EPS, quarterly | -0.093 | -0.092 | -0.13 | -0.215 | -0.108 | -0.128 | -0.147 | -0.134 | -0.217 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| Sales, quarterly | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Shares, annual | 0.5 | 0.5 | 0.535 | 47.387 | 52.772 | 61.235 | 77.602 | 92.538 | 92.743 |
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ |
| Shares, quarterly | 68.226 | 68.316 | 77.602 | 84.846 | 84.854 | 84.857 | 92.538 | 92.575 | 92.743 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 1.30 | 0.81 | 0.34 | 0.25 | 0.22 | 0.12 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.30 | -0.81 | -0.34 | -0.25 | -0.22 | -0.12 | 0.00 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 56.14 | 41.20 | 23.49 | 19.17 | 16.19 | 11.60 | 0.01 | 0.01 | 0.10 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -57.44 | -42.01 | -23.83 | -19.42 | -16.41 | -11.72 | -0.01 | -0.01 | -0.10 |
| Interest Expense | 2.35 | 0.87 | 0.19 | 0.08 | 0.11 | 0.15 | 0.00 | 0.00 | 0.00 |
| Unusual Expense | 1E-06 | 10.56 | 2.12 | 1.30 | 0.49 | 5.09 | 0.00 | - | - |
| Net Income Before Taxes | -56.86 | -49.86 | -26.95 | -19.13 | -17.27 | -17.31 | -0.01 | -0.01 | -0.10 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -56.86 | -49.86 | -26.95 | -19.13 | -17.27 | -17.31 | -0.01 | -0.01 | -0.10 |
| Net Income From Continuing Operations | -56.86 | -49.86 | -26.95 | -19.13 | -17.27 | -17.31 | -0.01 | -0.01 | -0.10 |
| Net Income | -56.86 | -49.86 | -26.95 | -19.13 | -17.27 | -17.31 | -0.01 | -0.01 | -0.10 |
| EPS (Recurring) | -0.61 | -0.50 | -0.37 | -0.31 | -0.35 | -0.38 | -0.02 | -0.02 | -2.92 |
| EPS (Basic, Before Extraordinaries) | -0.62 | -0.58 | -0.39 | -0.33 | -0.36 | -0.47 | -0.02 | -0.02 | -2.92 |
| EPS (Diluted) | -0.62 | -0.58 | -0.39 | -0.33 | -0.36 | -0.47 | -0.02 | -0.02 | -2.92 |
| EBITDA | -56.14 | -41.20 | -23.49 | -19.17 | -16.19 | -11.60 | -0.01 | -0.01 | -0.10 |
| Non-Operating Income (Expense) | 2.93 | 3.59 | -0.81 | 1.67 | -0.26 | -0.35 | 0.00 | 0.01 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 4.63 | 2.79 | 1.17 | 1.47 | 2.17 | 0.78 | - | 0.00 | 0.06 |
| Shares Outstanding | 92.74 | 92.54 | 77.60 | 61.23 | 52.77 | 47.39 | 0.54 | 0.50 | 0.50 |
| Market Capitalization | 1,208.60 | 1,208.60 | 322.83 | 174.45 | 76.87 | 104.25 | 104.25 | - | - |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.47 | 0.40 | 0.23 | 0.20 | 0.18 | 0.20 | 0.09 | 0.09 |
| Gross Profit | -0.47 | -0.40 | -0.23 | -0.20 | -0.18 | -0.20 | -0.09 | -0.09 |
| Selling, General and Administrative Excl. Other | 18.33 | 12.67 | 14.11 | 11.04 | 9.49 | 6.56 | 6.35 | 5.86 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -18.80 | -13.07 | -14.34 | -11.24 | -9.67 | -6.76 | -6.44 | -5.95 |
| Interest Expense | 1.41 | 0.24 | 0.52 | 0.18 | 0.08 | 0.09 | 0.03 | 0.03 |
| Unusual Expense | 0.00 | 0.00 | 1E-06 | 0.00 | 0.00 | 10.56 | 1.93 | 0.65 |
| Net Income Before Taxes | -20.10 | -12.35 | -13.57 | -10.84 | -8.52 | -16.93 | -9.59 | -6.30 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -20.10 | -12.35 | -13.57 | -10.84 | -8.52 | -16.93 | -9.59 | -6.30 |
| Net Income From Continuing Operations | -20.10 | -12.35 | -13.57 | -10.84 | -8.52 | -16.93 | -9.59 | -6.30 |
| Net Income | -20.10 | -12.35 | -13.57 | -10.84 | -8.52 | -16.93 | -9.59 | -6.30 |
| EPS (Recurring) | -0.22 | -0.13 | -0.15 | -0.13 | -0.11 | -0.12 | -0.11 | -0.09 |
| EPS (Basic, Before Extraordinaries) | -0.22 | -0.13 | -0.15 | -0.13 | -0.11 | -0.22 | -0.13 | -0.09 |
| EPS (Diluted) | -0.22 | -0.13 | -0.15 | -0.13 | -0.11 | -0.22 | -0.13 | -0.09 |
| EBITDA | -18.33 | -12.67 | -14.11 | -11.04 | -9.49 | -6.56 | -6.35 | -5.86 |
| Non-Operating Income (Expense) | 0.11 | 0.95 | 1.29 | 0.58 | 1.23 | 0.48 | -1.19 | 0.32 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 1.47 | 1.45 | 0.86 | 0.85 | 0.72 | 0.35 | 0.19 | 0.29 |
| Shares Outstanding | 92.74 | 92.58 | 92.54 | 84.86 | 84.85 | 84.85 | 77.60 | 68.32 |
| Market Capitalization | 1,208.60 | 1,518.82 | 1,254.10 | 1,226.14 | 928.23 | 737.30 | 322.83 | 188.31 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 129.65 | 38.93 | 14.17 | 8.50 | 16.31 | 0.39 | 0.38 | 0.39 |
| Short Term Receivables | 0.55 | 0.09 | 0.02 | 0.04 | 0.02 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 1.06 | 0.59 | 0.33 | 0.30 | 0.37 | 0.00 | 0.00 | 0.00 |
| Total Current Assets | 131.26 | 39.61 | 14.51 | 8.84 | 16.70 | 0.39 | 0.38 | 0.39 |
| Net Property, Plant & Equipment | 22.84 | 0.68 | 0.66 | 0.49 | 0.34 | 0.00 | 0.00 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Note Receivable | - | - | - | - | 0.22 | - | - | - |
| Intangible Assets | 0.06 | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 3.89 | 2.26 | 1.80 | 0.80 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 158.05 | 42.56 | 16.97 | 10.14 | 17.27 | 0.39 | 0.38 | 0.39 |
| Short Term Debt Incl. Current Port. of LT Debt | 3.19 | 0.08 | 0.03 | 0.03 | 0.06 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 5.47 | 5.39 | 4.13 | 3.13 | 1.57 | 0.01 | 0.00 | 0.02 |
| Total Current Liabilities | 8.66 | 5.48 | 4.16 | 3.16 | 1.62 | 0.01 | 0.00 | 0.02 |
| Long Term Debt | 3.32 | 0.07 | 0.09 | 0.05 | 0.07 | 0.00 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.94 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 12.92 | 5.55 | 4.25 | 3.20 | 1.69 | 0.01 | 0.00 | 0.02 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 145.13 | 37.01 | 12.72 | 6.94 | 15.58 | 0.38 | 0.38 | 0.37 |
| Total Shareholders Equity | 145.13 | 37.01 | 12.72 | 6.94 | 15.58 | 0.38 | 0.38 | 0.37 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 145.13 | 37.01 | 12.72 | 6.94 | 15.58 | 0.38 | 0.38 | 0.37 |
| Total Liabilities & Stockholders Equity | 158.05 | 42.56 | 16.97 | 10.14 | 17.27 | 0.39 | 0.38 | 0.39 |
| Book Value Per Share | 1.57 | 0.48 | 0.21 | 0.13 | 0.33 | 0.72 | 0.76 | 0.73 |
| Tangible Book Value Per Share | 1.57 | 0.48 | 0.21 | 0.13 | 0.33 | 0.72 | 0.76 | 0.73 |
| Full-Time Employees | 154 | 102 | 84 | 70 | 47 | 1 | 1 | 1 |
| Price to Book Ratio | 11.17 | 18.59 | 11.21 | 19.03 | 5.46 | 5.46 | - | - |
| Return on Assets | -49.71 | -90.55 | -141.16 | -126.02 | -196.04 | -2.90 | -2.19 | - |
| Return on Equity | -54.75 | -108.38 | -194.64 | -153.39 | -216.85 | -2.95 | -2.27 | - |
| Return on Invested Capital | -33.59 | -72.68 | -149.38 | -247.30 | -110.63 | -2.92 | -2.24 | -26.70 |
| Quick Ratio | 15.15 | 7.23 | 3.49 | 2.80 | 10.30 | 59.74 | 84.14 | 17.72 |
| Current Ratio | 15.15 | 7.23 | 3.49 | 2.80 | 10.30 | 59.74 | 84.14 | 17.72 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | -56.35 | -49.86 | -26.95 | -19.13 | -17.27 | -17.31 | -0.01 | -0.01 | -0.10 |
| Depreciation | 1.30 | 0.81 | 0.34 | 0.25 | 0.21 | 0.12 | - | - | - |
| Other Funds (Non Cash) | 5.69 | 13.05 | 5.25 | 1.80 | 3.12 | 7.55 | 0.00 | 0.00 | 0.06 |
| Funds from Operations | -49.37 | -36.00 | -21.36 | -17.09 | -13.94 | -9.64 | -0.01 | -0.01 | -0.04 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 2.37 | 0.12 | -1.27 | 0.15 | -0.36 | 1.67 | 0.00 | -0.02 | 0.02 |
| Cash from Operating Activities | -47.00 | -35.88 | -22.64 | -16.94 | -14.30 | -7.97 | -0.01 | -0.03 | -0.02 |
| Capital Expenditures | -25.44 | -14.66 | -0.24 | -0.35 | -0.32 | -0.23 | 0.00 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -25.44 | -14.66 | -0.24 | -0.35 | -0.32 | -0.23 | 0.00 | 0.00 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 96.84 | 141.46 | 49.48 | 22.32 | 7.44 | 23.33 | 0.01 | 0.00 | 0.43 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 96.84 | 141.46 | 49.48 | 22.32 | 7.44 | 23.33 | 0.01 | 0.00 | 0.43 |
| Proceedsfrom Stock Options | 95.75 | 132.32 | 44.33 | 20.30 | 7.30 | 12.54 | 0.00 | 0.00 | 0.43 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.08 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.08 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 95.64 | 140.73 | 49.36 | 22.26 | 7.35 | 23.17 | 0.01 | 0.00 | 0.43 |
| Exchange Rate Effect | -0.27 | 0.52 | -1.72 | 0.69 | -0.53 | -0.38 | - | - | - |
| Net Change in Cash | 22.93 | 90.72 | 24.76 | 5.66 | -7.81 | 14.59 | 0.00 | -0.03 | 0.41 |
| Free Cash Flow | -72.38 | -50.47 | -22.88 | -17.29 | -14.62 | -8.20 | -0.01 | -0.03 | -0.02 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 93.73 | 113.33 | 129.65 | 52.93 | 70.58 | 78.03 |
| Short Term Receivables | 0.81 | 0.95 | 0.55 | 0.34 | 0.32 | 0.13 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 1.15 | 1.34 | 1.06 | 1.05 | 0.66 | 0.96 |
| Total Current Assets | 95.68 | 115.63 | 131.26 | 54.32 | 71.56 | 79.12 |
| Net Property, Plant & Equipment | 67.81 | 66.87 | 22.84 | 20.63 | 11.58 | 1.64 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | - |
| Other Assets | 5.25 | 4.37 | 3.89 | 3.37 | 2.91 | 2.52 |
| Total Assets | 168.81 | 186.92 | 158.05 | 78.38 | 86.11 | 83.28 |
| Short Term Debt Incl. Current Port. of LT Debt | 13.15 | 17.23 | 3.19 | 4.27 | 7.88 | 0.43 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 10.86 | 7.03 | 5.47 | 7.44 | 4.46 | 3.31 |
| Total Current Liabilities | 24.01 | 24.26 | 8.66 | 11.71 | 12.34 | 3.74 |
| Long Term Debt | 27.71 | 27.36 | 3.32 | 5.71 | 2.83 | 0.81 |
| Provision for Risks Charges | 1.02 | 0.96 | 0.94 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 52.74 | 52.58 | 12.92 | 17.42 | 15.16 | 4.55 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 116.07 | 134.35 | 145.13 | 60.97 | 70.95 | 78.72 |
| Total Shareholders Equity | 116.07 | 134.35 | 145.13 | 60.97 | 70.95 | 78.72 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 116.07 | 134.35 | 145.13 | 60.97 | 70.95 | 78.72 |
| Total Liabilities & Stockholders Equity | 168.81 | 186.92 | 158.05 | 78.38 | 86.11 | 83.28 |
| Book Value Per Share | 1.25 | 1.45 | 1.57 | 0.72 | 0.84 | 0.93 |
| Tangible Book Value Per Share | 1.25 | 1.45 | 1.57 | 0.72 | 0.84 | 0.93 |
| Full-Time Employees | - | - | 154 | - | - | - |
| Price to Book Ratio | 11.17 | 11.23 | 20.31 | 17.28 | 11.79 | 18.22 |
| Return on Assets | -44.61 | -33.52 | -49.71 | -94.11 | -74.95 | -71.14 |
| Return on Equity | -60.81 | -42.51 | -54.75 | -120.35 | -89.81 | -78.39 |
| Return on Invested Capital | -13.98 | -7.64 | -9.14 | -16.26 | -11.55 | -21.28 |
| Quick Ratio | 3.99 | 4.77 | 15.15 | 4.64 | 5.80 | 21.16 |
| Current Ratio | 3.99 | 4.77 | 15.15 | 4.64 | 5.80 | 21.16 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -19.95 | -12.35 | -13.12 | -10.93 | -8.98 | -16.93 |
| Depreciation | 0.47 | 0.40 | 0.22 | 0.21 | 0.19 | 0.20 |
| Other Funds (Non Cash) | 2.32 | 1.62 | 0.80 | 0.95 | 0.46 | 10.88 |
| Funds from Operations | -17.16 | -10.33 | -12.10 | -9.77 | -8.34 | -5.86 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 3.42 | -0.23 | -0.85 | 0.03 | 0.52 | 0.43 |
| Cash from Operating Activities | -13.74 | -10.56 | -12.96 | -9.74 | -7.82 | -5.43 |
| Capital Expenditures | -5.50 | -5.39 | -6.62 | -7.93 | -0.11 | -0.03 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -5.50 | -5.39 | -6.62 | -7.93 | -0.11 | -0.03 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.35 | 0.13 | 96.49 | -0.13 | 0.83 | 44.57 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.35 | 0.13 | 96.49 | -0.13 | 0.83 | 44.57 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 95.86 | -0.11 | 0.66 | 36.18 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -0.08 | -0.24 | 96.28 | -0.32 | 0.67 | 44.41 |
| Exchange Rate Effect | -0.12 | -0.13 | -0.01 | -0.02 | 0.40 | 0.14 |
| Net Change in Cash | -19.44 | -16.31 | 76.69 | -18.01 | -6.87 | 39.10 |
| Free Cash Flow | -19.24 | -15.95 | -19.58 | -17.61 | -7.93 | -5.45 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 4.20% | 2.4M | 56.2M | 144.60K |
| 2026-10-15 | 3.83% | 2.2M | 56.2M | 124.94K |
| 2026-09-30 | 3.67% | 2.1M | 56.2M | 109.43K |
| 2026-09-15 | 3.36% | 1.9M | 56.2M | 86.94K |
| 2026-08-31 | 3.09% | 1.7M | 56.2M | 69.38K |
| 2026-08-14 | 2.97% | 1.7M | 56.2M | 64.85K |
| 2026-07-31 | 3.07% | 1.7M | 56.3M | 59.60K |
| 2026-07-15 | 3.08% | 1.7M | 56.3M | 63.08K |
| 2026-06-30 | 2.92% | 1.6M | 56.3M | 60.82K |
| 2026-06-15 | 2.65% | 1.5M | 56.2M | 70.58K |
| 2026-05-29 | 2.42% | 1.4M | 56.2M | 71.37K |
| 2026-05-15 | 2.43% | 1.4M | 56.2M | 70.45K |
| 2026-04-30 | 2.58% | 1.4M | 56.2M | 71.52K |
| 2026-04-15 | 2.92% | 1.4M | 46.9M | 76.12K |
| 2026-03-31 | 2.91% | 1.3M | 46.2M | 74.83K |
| 2026-03-13 | 1.63% | 0.8M | 46.2M | 61.69K |
| 2026-02-27 | 1.58% | 0.7M | 46.2M | 61.36K |
| 2026-02-13 | 1.58% | 0.7M | 46.2M | 60.99K |
| 2026-01-30 | 1.51% | 0.7M | 46.2M | 61.88K |
| 2026-01-15 | 1.74% | 0.8M | 46.0M | 60.75K |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-10 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-11-10 | SEC |
| 2026-11-09 | SCHEDULE 13G/A | SEC | ||
| 2026-11-04 | SCHEDULE 13G/A | SEC | ||
| 2026-11-03 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-11-03 | SEC |
| 2026-11-02 | SCHEDULE 13G/A | SEC | ||
| 2026-10-27 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-27 | SEC |
| 2026-10-22 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-22 | SEC |
| 2026-10-22 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-22 | SEC |
| 2026-10-20 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-20 | SEC |
| 2026-10-13 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-13 | SEC |
| 2026-09-24 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-24 | SEC |
| 2026-09-23 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-23 | SEC |
| 2026-09-21 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-21 | SEC |
| 2026-09-15 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-15 | SEC |
| 2026-09-08 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-08 | SEC |
| 2026-09-08 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-08 | SEC |
| 2026-09-03 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-03 | SEC |
| 2026-09-01 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-01 | SEC |
| 2026-08-25 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-25 | SEC |
| 2026-08-18 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-18 | SEC |
| 2026-08-13 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-12 | SEC |
| 2026-08-13 | SCHEDULE 13G | SEC | ||
| 2026-08-12 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-11 | SEC |
| 2026-08-11 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-11 | SEC |
| 2026-08-10 | CERT | SEC | ||
| 2026-08-10 | 25 | Notification of removal from listing and/or registration from a national securities exchange | SEC | |
| 2026-08-10 | 8-A12B | SEC | ||
| 2026-08-04 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-04 | SEC |
| 2026-07-29 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-07-29 | SEC |
| 2026-07-22 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-07-22 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| Helikon Investments Ltd | 12.35% |
| JUPITER ASSET MANAGEMENT LTD | 10.70% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2.64% |
| WELLINGTON MANAGEMENT GROUP LLP | 2.34% |
| VAN ECK ASSOCIATES CORP | 1.44% |
| FRANKLIN RESOURCES INC | 1.12% |
| Amundi | 0.91% |
| Groupe la Francaise | 0.59% |
| ROYAL BANK OF CANADA | 0.50% |
| BANK OF MONTREAL /CAN/ | 0.46% |
Funds
| Fund | % owned |
|---|---|
| Touchstone Funds Group Trust-Touchstone US Quality Bond Fund | 3.79% |
| Global X Copper Miners ETF | 2.29% |
| VanEck Junior Gold Miners ETF | 1.21% |
| Sprott Junior Gold Miners ETF | 0.68% |
| Franklin Gold And Precious Metals Fund | 0.57% |
| Gabelli Gold Fund Inc | 0.46% |
| VANGUARD INTERNATIONAL EXPLORER FUND | 0.23% |
| Bond Index Fund | 0.12% |
| Investment Quality Bond Trust | 0.10% |
| iShares MSCI Global Metals & Mining Producers ETF | 0.10% |
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