Candente Copper (TSE:DNT) Rating Increased to Strong-Buy at Stifel Canada

Stifel Canada upgraded shares of Candente Copper (TSE:DNT) to a strong-buy rating in a report published on Tuesday morning,Zacks.com reports.

Separately, Desjardins upgraded shares of Candente Copper to a “moderate buy” rating in a report on Tuesday.

Candente Copper Stock Performance

The business has a 50 day moving average of C$0.13. Candente Copper has a 52-week low of C$0.11 and a 52-week high of C$0.20. The stock has a market cap of C$38.81 million, a PE ratio of -13.00 and a beta of 2.74. 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.