Faraday Copper (TSE:FDY) Stock Price Up 2.7% – Should You Buy?

Shares of Faraday Copper Corp. (TSE:FDYGet Free Report) shot up 2.7% during mid-day trading on Thursday . The company traded as high as C$0.77 and last traded at C$0.77. 224,667 shares traded hands during trading, an increase of 79% from the average session volume of 125,387 shares. The stock had previously closed at C$0.75.

Faraday Copper Stock Performance

The firm has a market cap of C$158.11 million, a price-to-earnings ratio of -7.70 and a beta of 1.62. The business has a 50 day simple moving average of C$0.87 and a 200-day simple moving average of C$0.82.

Faraday Copper (TSE:FDYGet Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported C($0.02) earnings per share (EPS) for the quarter.

About Faraday Copper

(Get Free Report)

Faraday Copper Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. The company holds a 100% interest in the Copper Creek project comprising private land, patented and un-patented mining claims, and state prospecting permits that covers an area of approximately 65 square kilometers located in Pinal County, Arizona.

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