Faraday Copper (TSE:FDY - Get Free Report) has been given a C$1.25 price objective by investment analysts at TD Securities in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. TD Securities' target price would indicate a potential upside of 40.45% from the company's current price.
Faraday Copper Price Performance
TSE FDY traded up C$0.03 during trading on Tuesday, reaching C$0.89. 48,563 shares of the company's stock traded hands, compared to its average volume of 123,016. The company's 50 day simple moving average is C$0.82 and its two-hundred day simple moving average is C$0.81. Faraday Copper has a 12-month low of C$0.63 and a 12-month high of C$0.96. The firm has a market cap of C$180.37 million, a price-to-earnings ratio of -8.77 and a beta of 1.62.
About Faraday Copper
(
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Faraday Copper Corp. is a Canada-based exploration company. The Company is focused on advancing its flagship copper project in Arizona, United States. The Company's projects include Copper Creek Project and Contact Copper Project. The Copper Creek Project is a three-kilometer-long porphyry copper deposit located in Pinal County, less than two hours northeast of Tucson, Arizona.
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