Faraday Copper (TSE:FDY) Reaches New 1-Year High – Here’s Why

Faraday Copper Corp. (TSE:FDYGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.94 and last traded at C$0.93, with a volume of 40226 shares trading hands. The stock had previously closed at C$0.92.

Faraday Copper Trading Down 4.3 %

The company has a market capitalization of C$182.75 million, a P/E ratio of -8.90 and a beta of 1.62. The company has a 50 day moving average price of C$0.81 and a 200 day moving average price of C$0.78.

Faraday Copper (TSE:FDYGet Free Report) last released its quarterly earnings data on Thursday, August 1st. The company reported C($0.03) EPS 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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