Stock fact sheet · data as of
Collective Mining Ltd. (CNL): fair value, margin of safety and Wheel Score
Ticker symbol CNL · Basic Materials · Gold · United States · Speculative
Is CNL undervalued?
CNL closed at 12.09 on 5 Nov 2026, more than 30% above the GLS average fair value of 1.50. Only 0 of the 1 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the "below fair value" Wheel Trade Filter keeps names like this under 70.
The average is built from just 1 models (DCF) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files CNL under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for CNL
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 1.50 | -88% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 1.28 | -89% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 25.00 | +107% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Collective Mining Ltd. scores only 2 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 3.1/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -33.9%, ROE -34.4%, ROA -31.5% - with debt at 0.01 times equity and negative free cash flow.
Collective Mining Ltd. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Retail 43%, Retail Residential 20%, Retail Commercial 15% (quarter Q1 FY2020).
Institutional ownership scores 4/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 2 / 9 | ROIC | -33.9% |
|---|---|---|---|
| GLS Moat | 3.1 / 10 | ROE | -34.4% |
| Debt / equity | 0.01 | ROA | -31.5% |
| Free-cash-flow yield | -5.6% | Payout ratio | 0% |
| Institutions | 4 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 12: No options
No options are listed on Collective Mining Ltd. in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 12, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 273k shares a day on a market cap of $1.1B, with a beta of 1.01; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades 706% above our fair value |
| 4 | Financially healthy | Fails | Piotroski 2/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 706% above fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | moat 3.1/10 | |
| Health | Weak | Piotroski 2/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 1.01, $1.1B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Collective Mining Ltd. reports earnings on 11 Nov 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Gold
The 12 companies below are the closest to Collective Mining Ltd. by market cap within the Gold industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| IAUX i-80 Gold Corp | 1.38 | - | - | 9No options | $1.2B |
| RBTK Zhen Ding Resources Inc. | 7.98 | 0.0120 | -66467% | 13No options | $886M |
| HYMC Hycroft Mining Holding Corporation | 17.47 | 4.15 | -321% | 18Weak | $1.6B |
| DC Dakota Gold Corp. | 5.71 | 0.2584 | -2110% | 20Weak | $766M |
| OGG Osisko Gold Group Inc. | 2.36 | - | - | 17Weak | $745M |
| MAKO Mako Mining Corp. | 7.89 | 19.20 | +59% | 30No options | $691M |
| GROY Gold Royalty Corp. | 2.89 | 0.3365 | -759% | 34Weak | $670M |
| DRD DRDGOLD Limited | 24.40 | 41.66 | +41% | 50Fair | $2.1B |
| GAU Galiano Gold Inc. | 2.08 | 8.51 | +76% | 45Weak | $544M |
| CTGO Contango Silver & Gold Inc. | 15.22 | 16.12 | +6% | 27Weak | $509M |
| NG NovaGold Resources Inc. | 6.10 | - | - | 23Weak | $2.7B |
| SA Seabridge Gold Inc. | 25.34 | 2.83 | -797% | 27Weak | $2.7B |
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Start free See the Sunday ScanQuestions about CNL
Is CNL undervalued right now?
No: at 12.09 the stock trades 706% above the GLS average fair value of 1.50 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of CNL and what does it mean?
CNL has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for CNL?
1.50 per share as of 5 Nov 2026 - the simple average of the 1 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Collective Mining Ltd. report earnings next?
The next earnings report is due on 11 Nov 2026 (before the open), 6 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does CNL have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on CNL, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.