JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Collective Mining Ltd.

CNL·CNL·$16.73·$1.5B cap
Goldalso:Guayabales Project (Apollo System), Caldas Department, Colombia Map

Collective Mining is a well-funded explorer advancing the large, high-grade Apollo gold-silver-copper-tungsten discovery at its Guayabales project in Colombia, running 13+ drill rigs. No resource estimate exists yet; a maiden mineral resource is targeted for early 2027.

Notable vs. Peers

  • Jurisdiction risk score of 5/10 is meaningfully riskier than the peer average of 7.8/10.
  • Financials score of 4.5/10 is weaker than the peer average of 6.6/10.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
10/10
Weak track recordStrong track record
4.5/10
Thin runwayWell-capitalized
5/10
High riskLow risk
How this is calculated
Not enough info
Weaker depositStronger deposit
6.5/10
Weaker profileStronger profile
Price Chart
$9.11$10.50$17.18$13.70$16.73JulNovFebJunSep
Jul 25, 2025Sep 4, 2026
News
$16.73
+68.6%from low-23%from high
$9.92$21.71
See who ↓
43.1%
Low alignmentHigh alignment
See who ↓
44.5%
Low alignmentHigh alignment
$1.5B
Far belowFar above
$29.1M median
Price (USD - Local)
$16.73 - CAD 23.15
Cash Position (USD)
$113.3M
Far belowFar above
$11.6M median
Debt (USD)
Far aboveFar below
$0 median
$1.3B
Far belowFar above
$26.9M median
92.7M
Far aboveFar below
173M median
Jurisdiction
Colombia
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
43.1%
0%100%
19.1% median
44.5%
0%100%
3% median
1089 kmfrom Lundin Gold Inc.'s Fruta del Norte
Outside typical bolt-on range
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
1.9/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
+0% since 2026-07-23

Your Rankings

Community Sentiment
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Management Team

30-year exploration career; co-founded Collective Mining after building Continental Gold into one of the largest gold discoveries in Colombian history.

CFO and Corporate Secretary of Collective Mining. Served as CFO of Continental Gold, a Colombian gold developer, from May 2011 to March 2020, directly building the Colombian mining finance background his current role draws on. Earlier was CFO/Corporate Secretary of Hanfeng Evergreen from 2009-2011 and VP & CFO of Trilliant Incorporated/OZZ Corporation from 2004-2009, with prior experience as Corporate Controller at MDC Partners. Holds a Chartered Accountant designation, a BA (Honours) in Political Science from the University of Western Ontario, and an MBA from the University of Toronto.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
8/10

Agnico Eagle holds 14.99% and got there by increasing -- our own holder records show it at 9.99% (Oct 2024) before the March 2025 top-up, both cash subscriptions rather than shares taken as deal consideration. Jupiter Asset Management, a discretionary (non-index) manager, holds a further 7.15% as at 31 Dec 2025, and institutional ownership overall sits at 44.5%. Insider open-market buying is real but dates from 2024 and is partly offset by insider selling in the same year.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.

AI take

Announces an additional listing on Nasdaq, alongside the company's existing TSX listing.

AI take

Announces publication of the company's 2025 sustainability report.

AI take

Company's own investor presentation covering the Apollo System discovery at Guayabales, project scope, and current drill program.

Financial Statements — Q1 2026Financial ReportMay 2026
AI take

Unaudited condensed interim financial statements for the quarter ended March 31, 2026.

MD&A — Q1 2026Financial ReportMay 2026
AI take

Management's discussion and analysis accompanying the Q1 2026 financial statements.

AI take

Proxy/governance materials for the company's June 15, 2026 annual general meeting.

AI take

Statement of Financial Position (in USD): Total liabilities $52,577,469, entirely accounts payable/accrued liabilities, environmental remediation provision, lease liabilities, and 'Other long-term liabilities' (Note 12). Note 12 shows Other long-term liabilities are 100% deferred-consideration payment obligations for land and mining-concession acquisitions (First Guayabales Option, Other Mining Concessions, Land acquisitions, Mining title application), discounted at 9.25%, not interest-bearing loans/borrowings. No loans-payable or borrowings line item exists anywhere on the balance sheet.

2025 Annual Report (Form 40-F)Financial ReportMar 2026
AI take

Annual disclosure filing covering fiscal year 2025 results and operations.