Faraday Copper (TSE:FDY – Free Report) had its price objective increased by TD from C$5.50 to C$7.00 in a report released on Monday morning,BayStreet reports. They currently have a buy rating on the stock.
FDY has been the subject of a number of other research reports. National Bank Financial upped their price target on shares of Faraday Copper from C$7.25 to C$7.50 and gave the stock an “outperform” rating in a report on Monday, September 21st. Jefferies Financial Group raised shares of Faraday Copper to a “strong-buy” rating in a research note on Monday, August 24th. Two equities research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to data from MarketBeat, Faraday Copper currently has an average rating of “Buy” and an average target price of C$6.92.
View Our Latest Stock Analysis on FDY
Faraday Copper Price Performance
Shares of TSE:FDY opened at C$4.72 on Monday. The company has a market capitalization of C$1.39 billion, a P/E ratio of -31.47 and a beta of 1.67. Faraday Copper has a 1 year low of C$1.80 and a 1 year high of C$6.69. The business’s 50 day simple moving average is C$5.31 and its 200 day simple moving average is C$5.43.
Faraday Copper (TSE:FDY – Get Free Report) last announced 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 net margin of 40,035.69% and a negative return on equity of 36.55%.
About Faraday Copper
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”.
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