Analysts Issue Forecasts for Candente Copper FY2024 Earnings

Candente Copper Corp. (TSE:DNT) – Stock analysts at Stifel Canada issued their FY2024 earnings per share (EPS) estimates for shares of Candente Copper in a research note issued to investors on Tuesday, November 12th. Stifel Canada analyst D. Young expects that the mining company will post earnings per share of $0.42 for the year. Stifel Canada has a “Strong-Buy” rating on the stock. Stifel Canada also issued estimates for Candente Copper’s Q4 2024 earnings at $0.13 EPS, FY2025 earnings at $0.48 EPS and FY2026 earnings at $0.56 EPS.

Other equities analysts have also recently issued reports about the stock. TD Securities raised shares of Candente Copper to a “strong-buy” rating in a research note on Thursday. Desjardins upgraded Candente Copper to a “moderate buy” rating in a research report on Tuesday, November 12th.

Candente Copper Price Performance

Candente Copper has a twelve month low of C$0.11 and a twelve month high of C$0.20. The company has a fifty 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. 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 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.