Faraday Copper Corp. (TSE:FDY) Expected to Post FY2024 Earnings of ($0.09) Per Share

Faraday Copper Corp. (TSE:FDY) – Equities research analysts at Ventum Cap Mkts issued their FY2024 EPS estimates for shares of Faraday Copper in a research report issued to clients and investors on Wednesday, October 9th. Ventum Cap Mkts analyst C. Mackay expects that the company will post earnings of ($0.09) per share for the year. Ventum Cap Mkts also issued estimates for Faraday Copper’s FY2025 earnings at ($0.07) EPS and FY2026 earnings at ($0.07) EPS.

Faraday Copper (TSE:FDY) last posted its quarterly earnings data on Thursday, August 1st. The company reported C($0.03) EPS for the quarter.

Separately, BMO Capital Markets set a C$1.00 target price on Faraday Copper and gave the stock an “outperform” rating in a report on Monday, June 17th.

Faraday Copper Stock Performance

Shares of TSE:FDY opened at C$0.92 on Friday. Faraday Copper has a 1 year low of C$0.47 and a 1 year high of C$0.93. The stock has a market capitalization of C$188.91 million, a P/E ratio of -9.20 and a beta of 1.62. The stock has a 50-day simple moving average of C$0.80 and a 200-day simple moving average of C$0.77.

About Faraday Copper

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.