Faraday Copper (TSE:FDY) Hits New 12-Month High – Still a Buy?

by · The Markets Daily

Faraday Copper Corp. (TSE:FDY – Get Free Report)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as C$0.96 and last traded at C$0.92, with a volume of 328734 shares changing hands. The stock had previously closed at C$0.91.

Faraday Copper Stock Up 3.3 %

The business has a 50-day moving average price of C$0.84 and a two-hundred day moving average price of C$0.80. The company has a market capitalization of C$193.02 million, a price-to-earnings ratio of -9.10 and a beta of 1.62.

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

About Faraday Copper

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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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