Collective Mining (CNL)

Net assets on the balance sheet as of June 2024 : $21.1 Million USD

According to Collective Mining's latest financial reports the company has $21.1 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Collective Mining - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$12.72 M	83.38%
2022-12-31	$$6.93 M	-55.47%
2021-12-31	$$15.57 M	722.92%
2020-12-31	$$1.89 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Collective Mining (CNL) - Net assets