Shares of Faraday Copper Corp. (TSE:FDY - Get Free Report) shot up 1.9% during mid-day trading on Wednesday . The stock traded as high as C$1.10 and last traded at C$1.09. 492,139 shares traded hands during trading, an increase of 238% from the average session volume of 145,810 shares. The stock had previously closed at C$1.07.
Wall Street Analysts Forecast Growth
Separately, TD Securities set a C$1.25 price target on Faraday Copper and gave the company a "buy" rating in a research note on Tuesday, April 29th.
Get Our Latest Stock Analysis on Faraday Copper
Faraday Copper Price Performance
The company has a market cap of C$241.17 million, a PE ratio of -11.73 and a beta of 1.62. The company's 50 day simple moving average is C$0.83 and its two-hundred day simple moving average is C$0.80.
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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