Candente Copper (TSE:DNT) Upgraded at National Bank Financial

National Bank Financial upgraded shares of Candente Copper (TSE:DNT) to a strong-buy rating in a report published on Wednesday,Zacks.com reports.

Other analysts have also issued research reports about the company. TD Securities raised Candente Copper to a “strong-buy” rating in a research note on Thursday, November 14th. Stifel Canada raised Candente Copper to a “strong-buy” rating in a research note on Tuesday, November 12th. Finally, Desjardins raised Candente Copper to a “moderate buy” rating in a research note on Tuesday, November 12th.

Candente Copper Stock Performance

The company has a 50 day moving average of C$0.13. 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 firm has a market cap of C$38.81 million, a price-to-earnings ratio of -13.00 and a beta of 2.74. Candente Copper has a one year low of C$0.11 and a one year high of C$0.20.

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.