Desjardins Upgrades Candente Copper (TSE:DNT) to Moderate Buy

Candente Copper (TSE:DNT) was upgraded by stock analysts at Desjardins to a “moderate buy” rating in a research report issued on Tuesday,Zacks.com reports.

Candente Copper Stock Performance

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 company has a 50-day simple moving average of C$0.13. The company has a market capitalization of C$38.81 million, a PE 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.

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.