Faraday Copper Corp. (FDY.TO) – What Are Analysts Saying About This Stock?

Shares of Faraday Copper Corp. (TSE:FDY) have earned an average rating of “Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$6.90.

FDY has been the topic of a number of recent research reports. Jefferies Financial Group raised Faraday Copper to a “strong-buy” rating in a research note on Monday, August 24th. National Bank Financial boosted their price target on Faraday Copper from C$7.25 to C$7.50 and gave the stock an “outperform” rating in a report on Monday, September 21st.

Faraday Copper Stock Up 0.4%

TSE FDY opened at C$4.79 on Friday. Faraday Copper has a twelve month low of C$1.76 and a twelve month high of C$6.69. The company has a market cap of C$1.41 billion, a price-to-earnings ratio of -31.93 and a beta of 1.67. The business’s fifty day moving average is C$5.40 and its 200 day moving average is C$5.42.

Faraday Copper (TSE:FDY) last issued its quarterly earnings data on Friday, August 7th. The company reported C($0.05) earnings per share for the quarter. Faraday Copper had a negative return on equity of 36.55% and a negative net margin of 40,035.69%.

Faraday Copper Company Profile

Faraday Copper is an exploration company focused on advancing its flagship copper project in Arizona, U.S. The Copper Creek Project is one of the largest undeveloped copper projects in North America with significant district scale exploration potential. The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol “FDY”.