Faraday Copper (TSE:FDY) Upgraded at National Bank Financial

National Bank Financial upgraded shares of Faraday Copper (TSE:FDY) to a strong-buy rating in a research report sent to investors on Sunday morning,Zacks.com reports.

Separately, TD Securities upped their target price on Faraday Copper from C$3.50 to C$5.50 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Strong Buy” and an average price target of C$5.50.

Faraday Copper Trading Up 1.3%

TSE FDY opened at C$3.80 on Friday. The company has a market cap of C$1.06 billion, a price-to-earnings ratio of -31.67 and a beta of 2.04. The company has a 50 day moving average of C$3.85 and a 200-day moving average of C$2.69. Faraday Copper has a 1-year low of C$0.72 and a 1-year high of C$5.54.

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

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”.