Candente Copper (TSE:DNT) Upgraded at Stifel Canada

Candente Copper (TSE:DNT) was upgraded by equities researchers at Stifel Canada to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Desjardins raised Candente Copper to a “moderate buy” rating in a report on Tuesday.

Candente Copper Stock Performance

Candente Copper has a 1-year low of C$0.11 and a 1-year high of C$0.20. The company has a market capitalization of C$38.81 million, a price-to-earnings ratio of -13.00 and a beta of 2.74. The stock has a fifty day moving average price of 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.

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.