Stifel Canada Estimates Candente Copper FY2024 Earnings

Candente Copper Corp. (TSE:DNT) – Equities research analysts at Stifel Canada issued their FY2024 EPS estimates for shares of Candente Copper in a research note issued on Tuesday, November 12th. Stifel Canada analyst D. Young expects that the mining company will earn $0.42 per share 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 research analysts have also recently issued research reports about the stock. Desjardins upgraded shares of Candente Copper to a “moderate buy” rating in a research note on Tuesday. TD Securities upgraded Candente Copper to a “strong-buy” rating in a research report on Thursday.

Candente Copper Stock 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. The stock has a market capitalization 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. The stock’s 50 day simple moving average is 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.