Candente Copper (TSE:DNT) Upgraded at Desjardins

Desjardins upgraded shares of Candente Copper (TSE:DNT) to a moderate buy rating in a research report sent to investors on Tuesday,Zacks.com reports. Desjardins also issued estimates for Candente Copper’s FY2024 earnings at $0.39 EPS, FY2025 earnings at $0.51 EPS and FY2026 earnings at $0.57 EPS.

Candente Copper Stock Performance

The firm has a market cap of C$38.81 million, a P/E ratio of -13.00 and a beta of 2.74. Candente Copper has a 12 month low of C$0.11 and a 12 month high of C$0.20. The stock has a 50-day simple moving average of C$0.13. The company has a current ratio of 0.19, a quick ratio of 0.29 and a debt-to-equity ratio of 2.48.

About Candente Copper

Candente Copper Corp., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for copper, gold, and silver deposits. Its principal property is the Cañariaco project consisting of 15 mining concessions covering a total area of approximately 10,190 hectares located in Northern Peru.