Candente Copper (TSE:DNT) Rating Increased to Strong-Buy at TD Securities

TD Securities upgraded shares of Candente Copper (TSE:DNT) to a strong-buy rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Several other research analysts also recently commented on DNT. Stifel Canada upgraded shares of Candente Copper to a “strong-buy” rating in a report on Tuesday. Desjardins upgraded Candente Copper to a “moderate buy” rating in a research note on Tuesday.

Candente Copper Stock Performance

The stock’s 50 day moving average price is C$0.13. The company has a quick ratio of 0.29, a current ratio of 0.19 and a debt-to-equity ratio of 2.48. Candente Copper has a 52-week low of C$0.11 and a 52-week high of C$0.20. The company has a market cap of C$38.81 million, a P/E ratio of -13.00 and a beta of 2.74.

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.