Candente Copper (TSE:DNT) Upgraded by Stifel Canada to “Strong-Buy” Rating

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

Separately, Desjardins raised shares of Candente Copper to a “moderate buy” rating in a research report on Tuesday.

Candente Copper Price Performance

The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.29 and a current ratio of 0.19. The firm has a market capitalization of C$38.81 million, a P/E ratio of -13.00 and a beta of 2.74. Candente Copper has a twelve month low of C$0.11 and a twelve month high of C$0.20. The stock has a fifty day moving average price of C$0.13.

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.