TD Securities Upgrades Candente Copper (TSE:DNT) to Strong-Buy

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

Several other equities analysts have also recently issued reports on DNT. Desjardins upgraded shares of Candente Copper to a “moderate buy” rating in a research note on Tuesday, November 12th. Stifel Canada upgraded Candente Copper to a “strong-buy” rating in a research report on Tuesday, November 12th.

Candente Copper Stock Performance

Shares of TSE DNT opened at C$0.13 on Thursday. The company has a market capitalization of C$38.81 million, a P/E ratio of -13.00 and a beta of 2.74. Candente Copper has a 52-week low of C$0.11 and a 52-week high of C$0.20. 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 business has a 50 day moving average price of C$0.13.

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.