Candente Copper (TSE:DNT) Stock Rating Lowered by TD Securities

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

DNT has been the subject of a number of other research reports. Royal Bank Of Canada downgraded Candente Copper from a “moderate buy” rating to a “hold” rating in a research report on Monday. Jefferies Financial Group downgraded Candente Copper from a “strong-buy” rating to a “hold” rating in a research report on Monday. BMO Capital Markets downgraded Candente Copper from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Atb Cap Markets upgraded Candente Copper to a “strong-buy” rating in a research report on Monday, July 28th. Three equities research analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Candente Copper Price Performance

The stock has a market capitalization of C$38.81 million, a PE 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. The company has a current ratio of 0.19, a quick ratio of 0.29 and a debt-to-equity ratio of 2.48.

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.