Collective Mining Ltd's stock has faced notable downward pressure this week, reflecting broader market trends and company-specific developments.
Collective Mining Ltd (CNL.TO) has had a tough week, with its stock price dropping by 5.05% over the past week and 4.88% just on Thursday. This decline comes amid recent updates regarding the company's Guayabales Project in Colombia, which may be affecting investor sentiment.
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Collective Mining Ltd
CNL.TO
CNL.TO
Collective Mining Ltd
WealthAwesomeMarket cap
$1.54B
52W high
$30.12
52W low
$13.76
1W change
-5.05%
Beta
1.01
Analyst Price Targets
Based on analyst covering CNL · as of Sep 29, 2026
Wall Street analysts forecast CNL stock price to rise 102.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$33.60
+102.9% Upside
Previously C$32.80 on Sep 17, 2026
Current Price
C$16.56
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CNL's historical volatility
30-Day Vol
59.0%
Annualized
90-Day Vol
65.9%
Annualized
Trend (90d)
-22.7%
Annualized drift
90d Mean
C$15.27
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$16.12 | C$13.15 – C$19.76 |
| 60 trading days | C$15.69 | C$11.76 – C$20.92 |
| 90 trading days | C$15.27 | C$10.73 – C$21.73 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should look at both the technical indicators and the recent progress at the Guayabales Project when evaluating Collective Mining Ltd's potential. The stock remains below its moving averages, indicating a bearish trend, while recent news points to ongoing advancements in exploration.
Collective Mining Ltd. Closes at C$16.56, Down 4.88% on Thursday
The stock's closing price is significantly below both its 50-day and 200-day moving averages, signaling a bearish trend.
Bull case
Positive developments at the Guayabales Project, such as the completion of a 1.8-kilometer access road and the granting of new mining titles, could improve the project's viability and attract more investor interest.
Bear case
The stock's performance below key moving averages and a declining trend over the past month may discourage investors, especially considering the company's negative earnings and profitability metrics.
Recent Developments
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This week, Collective Mining Ltd reported significant progress on its Guayabales Project. The company has finished a 1.8-kilometer access road and plans to start construction of an exploration adit in Q4-2026. Additionally, the Colombian National Mining Agency has granted the company new mining titles, expanding its land position and providing new drill-ready targets. These developments could be crucial for the project's long-term success.
Technical Picture
As of the last close at C$16.56, Collective Mining Ltd is trading below both its 50-day moving average of C$19.53 and its 200-day moving average of C$21.54, indicating a bearish trend. The stock has a beta of 1.01, suggesting it moves in line with market volatility. Over the past week, the stock has traded within a 52-week range of C$13.76 to C$30.12, currently sitting at 17% of that range. The latest volume of 113,108 shares is below the 20-day average volume of 181,410 shares, indicating weaker trading activity.
Insider Activity
No recent insider activity has been reported for Collective Mining Ltd, which may suggest a lack of confidence or a wait-and-see approach from insiders amid the current market conditions.
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