Candente Copper (TSE:DNT) Stock Rating Upgraded by Desjardins

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

Candente Copper Stock Performance

The stock has a market capitalization of C$38.81 million, a price-to-earnings ratio of -13.00 and a beta of 2.74. 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 fifty day moving average of C$0.13. 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.