Faraday Copper (CPPKF) Set to Post Quarterly Earnings on Thursday

Faraday Copper (OTCMKTS:CPPKF) will likely be issuing its results after the market closes on Thursday, November 12th. Analysts expect Faraday Copper to announce earnings of ($0.0304) per share for the quarter.

Faraday Copper Stock Performance

CPPKF stock opened at $3.09 on Tuesday. Faraday Copper has a 1 year low of $1.31 and a 1 year high of $4.83. The stock’s fifty day moving average price is $3.50 and its 200-day moving average price is $3.58.

Analysts Set New Price Targets

CPPKF has been the topic of a number of recent research reports. TD Securities reissued a “buy” rating on shares of Faraday Copper in a report on Monday, October 19th. Jefferies Financial Group started coverage on shares of Faraday Copper in a research report on Thursday, August 20th. They set a “buy” rating for the company. Four analysts have rated the stock with a Buy rating. According to data from MarketBeat, Faraday Copper currently has a consensus rating of “Buy”.

Faraday Copper Company Profile

Faraday Copper Corp. is a Canadian copper exploration and development company focused on advancing copper projects in the United States. Its principal asset is the Copper Creek project, a porphyry copper deposit in Arizona.

The company’s work centers on evaluating and developing Copper Creek through exploration, drilling, and technical studies. Faraday does not operate as a copper producer; its activities are focused on assessing the project’s potential and advancing it toward possible development.

Faraday was previously known as CopperBank Resources Corp.