Faraday Copper (CPPKF) Expected to Release Quarterly Earnings on Monday

Faraday Copper (OTCMKTS:CPPKF) is projected to announce its results after the market closes on Monday, August 10th. Analysts expect Faraday Copper to announce earnings of ($0.0246) per share for the quarter.

Faraday Copper Trading Down 0.1%

CPPKF stock traded down $0.01 during midday trading on Monday, hitting $3.92. The company’s stock had a trading volume of 3,159 shares, compared to its average volume of 105,914. Faraday Copper has a 12 month low of $0.78 and a 12 month high of $4.83. The company has a 50 day moving average of $4.07 and a two-hundred day moving average of $3.47.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial initiated coverage on shares of Faraday Copper in a research note on Thursday, June 4th. They set an “outperform” rating for the company. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy”.

About Faraday Copper

Faraday Copper Corp is a Canada‐based mineral exploration and development company focused on advancing copper‐gold porphyry projects in Chile. The company’s flagship asset is the El Alcaparrosa copper‐gold deposit, located in the Maricunga mineral belt of northern Chile. Faraday Copper holds mining concessions that cover a combined area of approximately 9,000 hectares, positioning it to explore, define and develop resources to support future mine studies and potential production.

The company’s technical activities include systematic drilling campaigns, metallurgical testing and environmental baseline studies.