Faraday Copper (OTCMKTS:CPPKF) Stock Price Down 3.9% – Here’s Why

Faraday Copper Corp. (OTCMKTS:CPPKFGet Free Report)’s stock price was down 3.9% during mid-day trading on Thursday . The stock traded as low as $2.10 and last traded at $2.11. Approximately 64,489 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 44,049 shares. The stock had previously closed at $2.1950.

Analyst Upgrades and Downgrades

Separately, TD Securities reaffirmed a “buy” rating on shares of Faraday Copper in a report on Tuesday, October 21st. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

View Our Latest Analysis on CPPKF

Faraday Copper Stock Down 3.9%

The company’s fifty day moving average price is $1.78 and its two-hundred day moving average price is $1.33.

About Faraday Copper

(Get Free Report)

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.

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