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

Candente Copper (TSE:DNT) was upgraded by equities research analysts at TD Securities to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other brokerages have also recently commented on DNT. Stifel Canada upgraded shares of Candente Copper to a “strong-buy” rating in a research note on Tuesday. Desjardins upgraded shares of Candente Copper to a “moderate buy” rating in a research report on Tuesday.

Candente Copper Stock Performance

The company has a debt-to-equity ratio of 2.48, a current ratio of 0.19 and a quick ratio of 0.29. The business has a 50-day simple 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 firm has a market capitalization of C$38.81 million, a PE ratio of -13.00 and a beta of 2.74.

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.