Insider Buying: Faraday Copper Corp. (TSE:FDY) Director Buys 20,000 Shares of Stock

Faraday Copper Corp. (TSE:FDY) Director Russell David Ball acquired 20,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was bought at an average cost of C$0.69 per share, for a total transaction of C$13,800.00.

Faraday Copper Stock Down 2.8 %

Faraday Copper stock traded down C$0.02 during mid-day trading on Tuesday, hitting C$0.70. 4,000 shares of the stock were exchanged, compared to its average volume of 133,789. The firm’s fifty day simple moving average is C$0.76 and its two-hundred day simple moving average is C$0.81. Faraday Copper Corp. has a 12 month low of C$0.47 and a 12 month high of C$0.96. The stock has a market capitalization of C$143.74 million, a price-to-earnings ratio of -7.00 and a beta of 1.62.

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

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.