Candente Copper Corp. (TSE:DNT) Given Consensus Rating of “Hold” by Analysts

Shares of Candente Copper Corp. (TSE:DNT) have been assigned an average rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a strong buy recommendation on the company.

DNT has been the topic of several research analyst reports. Jefferies Financial Group cut shares of Candente Copper from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Atb Cap Markets raised shares of Candente Copper to a “strong-buy” rating in a research note on Monday, July 28th. Royal Bank Of Canada cut shares of Candente Copper from a “moderate buy” rating to a “hold” rating in a research note on Monday, September 29th. TD Securities cut shares of Candente Copper from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, September 29th. Finally, Stifel Canada cut shares of Candente Copper from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th.

Candente Copper Stock Performance

Candente Copper has a 52 week low of C$0.11 and a 52 week high of C$0.20. The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.29 and a current ratio of 0.19. The company has a market cap of C$38.81 million, a P/E ratio of -13.00 and a beta of 2.74.

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.