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

Candente Copper (TSE:DNT) was upgraded by stock analysts at TD Securities to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

DNT has been the topic of several other research reports. Stifel Canada raised Candente Copper to a “strong-buy” rating in a research report on Tuesday. Desjardins raised shares of Candente Copper to a “moderate buy” rating in a report on Tuesday.

Candente Copper Price Performance

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 business has a 50-day simple moving average of C$0.13. The firm has a market cap of C$38.81 million, a price-to-earnings ratio of -13.00 and a beta of 2.74. Candente Copper has a 12 month low of C$0.11 and a 12 month high of C$0.20.

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.