Stifel Canada Estimates Candente Copper FY2024 Earnings

Candente Copper Corp. (TSE:DNT) – Investment analysts at Stifel Canada issued their FY2024 earnings per share estimates for shares of Candente Copper in a research report issued on Tuesday, November 12th. Stifel Canada analyst D. Young expects that the mining company will post earnings per share of $0.42 for the year. Stifel Canada currently 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.

Other analysts have also recently issued research reports about the stock. Desjardins raised shares of Candente Copper to a “moderate buy” rating in a report on Tuesday. TD Securities upgraded shares of Candente Copper to a “strong-buy” rating in a research note on Thursday.

Candente Copper Price Performance

Candente Copper has a one year low of C$0.11 and a one year high of C$0.20. The company has a market capitalization of C$38.81 million, a P/E ratio of -13.00 and a beta of 2.74. The company has a quick ratio of 0.29, a current ratio of 0.19 and a debt-to-equity ratio of 2.48. The business has a 50-day simple moving average 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.