Collective Mining Ltd.

CNL.TOTSXBasic Materials● Active

$19.76

+$0.46(+2.38%)

Market Cap$1.8B

P/E Ratio—

52W High$30.12

52W Low$11.7

Avg Volume231K

Open$19.58

Beta0.92

Free Cash Flow Financials Revenue

Collective Mining Ltd. (CNL.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CNL.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

CNL.TO · FCF · TTM · margin & CAGR

Free cash flow was −$41.8M for FY2025 (fiscal year ending 2025-12-31), down 83.4% year-over-year

FY2025 Free Cash Flow−$41.8M▼ -83.4% YoY

Trailing 12M (TTM)−$52.1Mtrailing 4 quarters sum

FCF Margin——

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CNL.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$35.9M(6M)−$41.8M▼ 83.4%—

FY2024−$22.6M(0M)−$22.8M▼ 31.9%—

FY2023−$16.9M(0M)−$17.3M▼ 18.9%—

FY2022−$14.2M(0M)−$14.5M▼ 79.5%—

FY2021−$7.9M(0M)−$8.1M▼ 388.0%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CNL.TO · P/FCF · FCF yield · FCF per share

Collective Mining Ltd. (CNL.TO) reported negative free cash flow of −$0.04B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CNL.TO · cash flow statement · operating / investing / financing

For FY2025, Collective Mining Ltd. generated −$35.9M in operating cash flow and spent 6M in capital expenditures, yielding −$41.8M in free cash flow.

Operating Activities

−$35.9M

Cash from core business operations

2025-12-31

Investing Activities

−$14.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$140.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$35.9M) − |CapEx| (6M) = FCF (−$41.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

CNL.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Collective Mining Ltd.YOU

CNL.TO

−$41.8M-83.4%—

Loss

Southern Copper Corporation

Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Collective Mining Ltd. (CNL.TO) reported free cash flow of −$41.8M for FY2025 (fiscal year ending 2025-12-31), down 83.4% year-over-year.

Collective Mining Ltd. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 6 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CNL.TO free cash flow · 8 questions

Collective Mining Ltd. free cash flow was −$41.8M for FY2025, down 83.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$52.1M.

CNL.TO free cash flowCNL.TO FCFCNL.TO FCF 2025CNL.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Collective Mining Ltd. · Collective Mining Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026