Desjardins Predicts Reduced Earnings for Candente Copper

Candente Copper Corp. (TSE:DNT) – Equities research analysts at Desjardins decreased their FY2025 EPS estimates for Candente Copper in a research note issued on Wednesday, December 11th. Desjardins analyst G. Ho now anticipates that the mining company will post earnings of $0.50 per share for the year, down from their previous forecast of $0.51. Desjardins has a “Moderate Buy” rating on the stock.

Several other equities research analysts have also recently issued reports on DNT. TD Securities upgraded shares of Candente Copper to a “strong-buy” rating in a research report on Thursday, November 14th. Stifel Canada upgraded shares of Candente Copper to a “strong-buy” rating in a research report on Tuesday, November 12th.

Candente Copper Stock Performance

The stock has a market cap of C$38.81 million, a P/E ratio of -13.00 and a beta of 2.74. The company has a debt-to-equity ratio of 2.48, a current ratio of 0.19 and a quick ratio of 0.29. Candente Copper has a 1 year low of C$0.11 and a 1 year high of C$0.20. The firm’s 50-day moving average price is 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.