Faraday Copper Corp. (OTCMKTS:CPPKF) Short Interest Update

Faraday Copper Corp. (OTCMKTS:CPPKFGet Free Report) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 12,800 shares, an increase of 13.3% from the October 15th total of 11,300 shares. Based on an average daily volume of 23,700 shares, the short-interest ratio is currently 0.5 days.

Faraday Copper Price Performance

Shares of Faraday Copper stock opened at $0.44 on Friday. The business has a fifty day moving average price of $0.47. Faraday Copper has a fifty-two week low of $0.23 and a fifty-two week high of $0.87.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CPPKF. Stifel Nicolaus began coverage on shares of Faraday Copper in a research report on Wednesday, August 30th. They set a “buy” rating for the company. TD Securities began coverage on shares of Faraday Copper in a research report on Thursday, September 7th. They set a “buy” rating for the company.

Get Our Latest Stock Analysis on Faraday Copper

About Faraday Copper

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Faraday Copper Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. The company holds a 100% interest in the Copper Creek project comprising private land, patented and un-patented mining claims, and state prospecting permits that covers an area of approximately 65 square kilometers located in Pinal County, Arizona.

Further Reading

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