Faraday Copper (CPPKF) Set to Release Quarterly Earnings on Thursday

Faraday Copper (OTCMKTS:CPPKF) is expected to announce its results after the market closes on Thursday, November 12th. Analysts expect Faraday Copper to announce earnings of ($0.0304) per share for the quarter.

Faraday Copper Price Performance

Shares of CPPKF stock opened at $2.89 on Thursday. The business’s 50-day moving average price is $3.58 and its 200-day moving average price is $3.57. Faraday Copper has a 12 month low of $1.31 and a 12 month high of $4.83.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. TD Securities reaffirmed a “buy” rating on shares of Faraday Copper in a research note on Monday, October 19th. Jefferies Financial Group started coverage on shares of Faraday Copper in a report on Thursday, August 20th. They issued a “buy” rating for the company. Four analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Faraday Copper currently has an average rating of “Buy”.

Faraday Copper Company Profile

Faraday Copper Corp. is a Canadian mineral exploration and development company focused on advancing the Copper Creek copper project in Arizona, United States. The company’s activities center on exploration, geological evaluation and project development rather than the production or sale of copper.

Copper Creek is a porphyry copper project with a long history of exploration and past mining activity. Faraday Copper is evaluating the property’s copper, molybdenum and related mineralization through drilling, technical studies and other exploration programs, with the objective of defining and developing a potential large-scale copper operation.

The company was formerly known as CopperBank Resources Corp.