Candente Copper (TSE:DNT) Upgraded to “Strong-Buy” at TD Securities

TD Securities upgraded shares of Candente Copper (TSE:DNT) to a strong-buy rating in a research report released on Thursday,Zacks.com reports.

Other equities analysts have also issued research reports about the stock. Desjardins raised shares of Candente Copper to a “moderate buy” rating in a research 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.

Candente Copper Price Performance

The firm has a market capitalization of C$38.81 million, a price-to-earnings ratio of -13.00 and a beta of 2.74. The business’s 50-day moving average is C$0.13. Candente Copper has a 12 month low of C$0.11 and a 12 month 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.

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.