Shares of Faraday Copper Corp. (OTCMKTS:CPPKF – Get Free Report) fell 1.1% during mid-day trading on Tuesday. The stock traded as low as $3.74 and last traded at $3.82. Approximately 13,825 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 97,488 shares. The stock had previously closed at $3.8635.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group assumed coverage on Faraday Copper in a research report on Thursday, August 20th. They set a “buy” rating on the stock. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Get Our Latest Research Report on CPPKF
Faraday Copper Price Performance
About Faraday Copper
Faraday Copper Corp. is a Canadian mineral exploration and development company focused on advancing the Copper Creek copper project in Arizona, United States. The company is evaluating the project’s potential to support a large-scale copper mining operation and is conducting exploration, drilling, engineering and technical studies to improve its understanding of the mineralization and development opportunities.
Copper Creek is a porphyry copper project located in Pinal County, Arizona, within an established mining jurisdiction.
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