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

TD Securities upgraded shares of Candente Copper (TSE:DNT) to a strong-buy rating in a report released on Thursday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the stock. Stifel Canada raised shares of Candente Copper to a “strong-buy” rating in a research report on Tuesday, November 12th. Desjardins raised shares of Candente Copper to a “moderate buy” rating in a research report on Tuesday, November 12th.

Candente Copper Stock Down 75.5 %

DNT opened at C$0.13 on Thursday. 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’s fifty day simple moving average is C$0.13. Candente Copper has a 52-week low of C$0.11 and a 52-week high of C$0.20. The stock has a market cap of C$38.81 million, a PE ratio of -13.00 and a beta of 2.74.

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.