Stifel Canada Predicts Candente Copper FY2024 Earnings

Candente Copper Corp. (TSE:DNT) – Stock analysts at Stifel Canada issued their FY2024 earnings per share estimates for Candente Copper in a report issued on Tuesday, November 12th. Stifel Canada analyst D. Young expects that the mining company will post earnings of $0.42 per share for the year. Stifel Canada has a “Strong-Buy” rating on the stock. Stifel Canada also issued estimates for Candente Copper’s Q4 2024 earnings at $0.13 EPS, FY2025 earnings at $0.48 EPS and FY2026 earnings at $0.56 EPS.

Several other research analysts have also recently weighed in on DNT. Desjardins upgraded shares of Candente Copper to a “moderate buy” rating in a report on Tuesday, November 12th. TD Securities raised shares of Candente Copper to a “strong-buy” rating in a research report on Thursday.

Candente Copper Price Performance

The company has a 50-day moving average of 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. 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.

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.