Candente Copper (TSE:DNT) Stock Rating Upgraded by TD Securities

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

A number of other equities analysts have also issued reports on DNT. Stifel Canada upgraded shares of Candente Copper to a “strong-buy” rating in a research report on Tuesday. Desjardins raised shares of Candente Copper to a “moderate buy” rating in a research report on Tuesday.

Candente Copper Price Performance

The firm has a fifty day moving average price of C$0.13. 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. The company has a current ratio of 0.19, a quick ratio of 0.29 and a debt-to-equity ratio of 2.48. Candente Copper has a 52 week low of C$0.11 and a 52 week high of C$0.20.

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.