Faraday Copper (TSE:FDY) Given a C$5.50 Price Target at National Bank Financial

National Bank Financial set a C$5.50 price objective on Faraday Copper (TSE:FDY) in a research report sent to investors on Monday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, TD Securities lifted their price target on shares of Faraday Copper from C$3.50 to C$5.50 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$5.50.

Faraday Copper Stock Up 4.7%

Faraday Copper stock opened at C$3.75 on Monday. Faraday Copper has a 52-week low of C$0.72 and a 52-week high of C$5.54. The company has a market cap of C$948.30 million, a P/E ratio of -31.25 and a beta of 2.04. The business has a 50-day simple moving average of C$3.84 and a two-hundred day simple moving average of C$2.67.

Faraday Copper (TSE:FDY) last announced its earnings results on Thursday, March 12th. The company reported C$0.21 earnings per share (EPS) for the quarter. Faraday Copper had a negative net margin of 40,035.69% and a negative return on equity of 63.51%.

Faraday Copper Company Profile

Faraday Copper is an exploration company focused on advancing its flagship copper project in Arizona, U.S. The Copper Creek Project is one of the largest undeveloped copper projects in North America with significant district scale exploration potential. The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol “FDY”.