Candente Copper (TSE:DNT) Raised to “Moderate Buy” at Desjardins

Desjardins upgraded shares of Candente Copper (TSE:DNT) to a moderate buy rating in a report published on Tuesday,Zacks.com reports. Desjardins also issued estimates for Candente Copper’s FY2024 earnings at $0.39 EPS, FY2025 earnings at $0.51 EPS and FY2026 earnings at $0.57 EPS.

Candente Copper Stock Performance

The company has a quick ratio of 0.29, a current ratio of 0.19 and a debt-to-equity ratio of 2.48. Candente Copper has a one year low of C$0.11 and a one year high of C$0.20. The business has a fifty day moving average price of C$0.13. The stock has a market cap of C$38.81 million, a P/E 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.