Candente Copper (TSE:DNT) Upgraded to Strong-Buy at National Bank Financial

National Bank Financial upgraded shares of Candente Copper (TSE:DNT) to a strong-buy rating in a research report released on Wednesday,Zacks.com reports.

A number of other research firms have also weighed in on DNT. Stifel Canada upgraded Candente Copper to a “strong-buy” rating in a research note on Tuesday, November 12th. TD Securities upgraded Candente Copper to a “strong-buy” rating in a research note on Thursday, November 14th. Finally, Desjardins upgraded Candente Copper to a “moderate buy” rating in a report on Tuesday, November 12th.

Candente Copper Price Performance

Candente Copper has a 52 week low of C$0.11 and a 52 week high of C$0.20. 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 firm has a market capitalization of C$38.81 million, a P/E ratio of -13.00 and a beta of 2.74. The company has a fifty day simple moving average of 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.