Faraday Copper (CPPKF) Expected to Post Quarterly Earnings on Monday

Faraday Copper (OTCMKTS:CPPKF) is expected to issue its results after the market closes on Monday, August 10th. Analysts expect the company to announce earnings of ($0.0246) per share for the quarter.

Faraday Copper Price Performance

Shares of Faraday Copper stock opened at $4.42 on Friday. The business’s 50 day simple moving average is $4.07 and its 200 day simple moving average is $3.53. Faraday Copper has a 52-week low of $0.79 and a 52-week high of $4.83.

Analyst Ratings Changes

Separately, Raymond James Financial initiated coverage on shares of Faraday Copper in a research note on Thursday, June 4th. They set an “outperform” rating for the company. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Faraday Copper Company Profile

Faraday Copper Corp is a Canada‐based mineral exploration and development company focused on advancing copper‐gold porphyry projects in Chile. The company’s flagship asset is the El Alcaparrosa copper‐gold deposit, located in the Maricunga mineral belt of northern Chile. Faraday Copper holds mining concessions that cover a combined area of approximately 9,000 hectares, positioning it to explore, define and develop resources to support future mine studies and potential production.

The company’s technical activities include systematic drilling campaigns, metallurgical testing and environmental baseline studies.