Candente Copper (TSE:DNT) Stock Rating Upgraded by National Bank Financial

Candente Copper (TSE:DNT) was upgraded by research analysts at National Bank Financial to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

Several other analysts have also weighed in on DNT. Desjardins raised Candente Copper to a “moderate buy” rating in a report on Tuesday, November 12th. TD Securities upgraded Candente Copper to a “strong-buy” rating in a research report on Thursday, November 14th. Finally, Stifel Canada raised Candente Copper to a “strong-buy” rating in a research report on Tuesday, November 12th.

Candente Copper Price Performance

The company has a market cap of C$38.81 million, a P/E ratio of -13.00 and a beta of 2.74. The company’s fifty day moving average price is C$0.13. 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 1 year low of C$0.11 and a 1 year 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.