Candente Copper (TSE:DNT) Rating Increased to Strong-Buy at National Bank Financial

Candente Copper (TSE:DNT) was upgraded by analysts at National Bank Financial to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

Several other brokerages have also recently issued reports on DNT. Desjardins raised Candente Copper to a “moderate buy” rating in a report on Tuesday, November 12th. Stifel Canada raised shares of Candente Copper to a “strong-buy” rating in a research note on Tuesday, November 12th. Finally, TD Securities raised shares of Candente Copper to a “strong-buy” rating in a research note on Thursday, November 14th.

Candente Copper Price Performance

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

Candente Copper Company Profile

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.