Analysts Offer Predictions for Candente Copper FY2024 Earnings

Candente Copper Corp. (TSE:DNT) – Equities research analysts at National Bank Financial issued their FY2024 earnings per share (EPS) estimates for Candente Copper in a research note issued to investors on Wednesday, February 26th. National Bank Financial analyst Z. Evershed expects that the mining company will post earnings of $0.39 per share for the year. National Bank Financial currently has a “Strong-Buy” rating on the stock. National Bank Financial also issued estimates for Candente Copper’s Q4 2024 earnings at $0.11 EPS, FY2025 earnings at $0.51 EPS and FY2026 earnings at $0.59 EPS.

Several other brokerages also recently commented on DNT. TD Securities upgraded shares of Candente Copper to a “strong-buy” rating in a report on Thursday, November 14th. Stifel Canada upgraded shares of Candente Copper to a “strong-buy” rating in a research note on Tuesday, November 12th. Finally, Desjardins upgraded Candente Copper to a “moderate buy” rating in a research note on Tuesday, November 12th.

Candente Copper Stock Performance

Candente Copper has a 52 week low of C$0.11 and a 52 week high of C$0.20. 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. The firm has a fifty day simple moving average of C$0.13.

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.