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

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

A number of equities analysts have issued reports on DNT shares. Royal Bank Of Canada downgraded Candente Copper from a “moderate buy” rating to a “hold” rating in a research note on Monday, September 29th. TD Securities downgraded Candente Copper from a “strong-buy” rating to a “strong sell” rating in a report on Monday, September 29th. Stifel Canada downgraded shares of Candente Copper from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. BMO Capital Markets downgraded shares of Candente Copper from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Finally, Jefferies Financial Group downgraded shares of Candente Copper from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th.

Candente Copper Stock Performance

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

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.