Candente Copper Corp. (TSE:DNT – Get Rating) shares rose 10.3% on Thursday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 195,080 shares traded hands during trading, an increase of 52% from the average daily volume of 128,048 shares. The stock had previously closed at C$0.15.
The firm’s 50 day moving average is C$0.17 and its two-hundred day moving average is C$0.20. The stock has a market capitalization of C$41.80 million and a PE ratio of -13.18. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.03 and a current ratio of 0.20.
Candente Copper (TSE:DNT – Get Rating) last announced its earnings results on Monday, May 16th. The mining company reported C($0.01) earnings per share for the quarter.
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.
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