Stifel Canada Weighs in on Candente Copper FY2024 Earnings

Candente Copper Corp. (TSE:DNT) – Stifel Canada issued their FY2024 EPS estimates for Candente Copper in a research note issued on Tuesday, November 12th. Stifel Canada analyst D. Young forecasts that the mining company will post earnings per share of $0.42 for the year. Stifel Canada currently has a “Strong-Buy” rating on the stock. Stifel Canada also issued estimates for Candente Copper’s Q4 2024 earnings at $0.13 EPS, FY2025 earnings at $0.48 EPS and FY2026 earnings at $0.56 EPS.

Other analysts have also recently issued reports about the company. TD Securities upgraded Candente Copper to a “strong-buy” rating in a research report on Thursday. Desjardins raised shares of Candente Copper to a “moderate buy” rating in a report on Tuesday.

Candente Copper Stock Performance

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