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Faraday Copper hit a 52-week high of C$3.85 on the Toronto Stock Exchange, driven by strong momentum and increased trading volume.
Faraday Copper (FDY) hit a 52-week high of C$3.85 on Friday, closing at C$3.82 on increased trading volume.
The company, focused on its Copper Creek Project in Arizona—the largest undeveloped copper project in North America—has a market cap of C$966 million.
Despite a consensus “Strong Buy” rating and a target price of C$1.50, the stock's current level suggests strong momentum, supported by a 50-day moving average of C$2.95 and a 200-day average of C$2.13.
The stock trades on the Toronto Stock Exchange.
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Faraday Copper alcanzó un máximo de 52 semanas de C$3.85 en la Bolsa de Valores de Toronto, impulsado por un fuerte impulso y un mayor volumen de operaciones.