Faraday Copper (TSE:FDY) Shares Down 1.3% - Should You Sell?

Shares of Faraday Copper Corp. (TSE:FDY - Get Free Report) fell 1.3% on Monday . The stock traded as low as C$0.78 and last traded at C$0.79. 27,733 shares were traded during mid-day trading, a decline of 76% from the average session volume of 117,378 shares. The stock had previously closed at C$0.80.

Wall Street Analysts Forecast Growth

Separately, TD Securities set a C$1.25 price target on Faraday Copper and gave the stock a "buy" rating in a research note on Tuesday, April 29th.

Faraday Copper Price Performance

The stock's 50-day moving average is C$0.79 and its two-hundred day moving average is C$0.78. The stock has a market cap of C$160.10 million, a P/E ratio of -7.79 and a beta of 1.62.

About Faraday Copper

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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