Candente Copper Corp. (TSE:DNT) Receives Average Recommendation of “Hold” from Analysts

Shares of Candente Copper Corp. (TSE:DNT) have received a consensus rating of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a strong buy recommendation to the company.

A number of research firms have issued reports on DNT. Stifel Canada lowered shares of Candente Copper from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Royal Bank Of Canada lowered shares of Candente Copper from a “moderate buy” rating to a “hold” rating in a research note on Monday, September 29th. TD Securities cut shares of Candente Copper from a “strong-buy” rating to a “strong sell” rating in a report on Monday, September 29th. Atb Cap Markets raised shares of Candente Copper to a “strong-buy” rating in a report on Monday, July 28th. Finally, Jefferies Financial Group downgraded Candente Copper from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th.

Candente Copper Price Performance

The company has a quick ratio of 0.29, a current ratio of 0.19 and a debt-to-equity ratio of 2.48. Candente Copper has a 12 month low of C$0.11 and a 12 month high of C$0.20. 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 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.