Shares of Faraday Copper Corp. (TSE:FDY - Get Free Report) shot up 2.8% during trading on Thursday after TD Securities raised their price target on the stock from C$1.25 to C$1.50. TD Securities currently has a buy rating on the stock. Faraday Copper traded as high as C$1.11 and last traded at C$1.11. 356,318 shares were traded during mid-day trading, an increase of 112% from the average session volume of 168,229 shares. The stock had previously closed at C$1.08.
Faraday Copper Price Performance
The firm has a market capitalization of C$220.90 million, a P/E ratio of -10.74 and a beta of 1.62. The company has a fifty day moving average of C$0.96 and a 200 day moving average of C$0.85.
Faraday Copper Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Faraday Copper, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Faraday Copper wasn't on the list.
While Faraday Copper currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access