Faraday Copper (TSX:FDY) - Stock Price, News & Analysis

FDY Stock Overview

An exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States.

About the company

FDY fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Earnings have declined by 37.4% per year over past 5 years

Shareholders have been diluted in the past year

Currently unprofitable and not forecast to become profitable over the next 3 years

Faraday Copper Corp. Competitors

Aldebaran Resources

TSXV:ALDE

CA$159.7m

Arizona Sonoran Copper

TSX:ASCU

CA$191.6m

Imperial Metals

TSX:III

CA$335.1m

Marimaca Copper

TSX:MARI

CA$367.6m

Price History & Performance

Summary of all time highs, changes and price drops for Faraday Copper
Historical stock prices
Current Share Price	CA$0.78
52 Week High	CA$0.87
52 Week Low	CA$0.47
Beta	1.6
11 Month Change	-1.27%
3 Month Change	11.43%
1 Year Change	-5.45%
33 Year Change	81.40%
5 Year Change	290.00%
Change since IPO	387.50%

Recent updates

Here's Why Faraday Copper (TSE:FDY) Must Use Its Cash Wisely

Jan 19

Here's Why Faraday Copper (TSE:FDY) Must Use Its Cash Wisely

Sep 02

Here's Why We're A Bit Worried About Faraday Copper's (TSE:FDY) Cash Burn Situation

May 17

Is Faraday Copper (TSE:FDY) In A Good Position To Deliver On Growth Plans?

Dec 09

Is Faraday Copper (CSE:FDY) In A Good Position To Invest In Growth?

Aug 26

Shareholder Returns

	FDY	CA Metals and Mining	CA Market
7D	-10.3%	-3.6%	-0.4%
1Y	-5.5%	2.0%	8.0%

Return vs Industry: FDY underperformed the Canadian Metals and Mining industry which returned 2.5% over the past year.

Return vs Market: FDY underperformed the Canadian Market which returned 8.1% over the past year.

Price Volatility

Is FDY's price volatile compared to industry and market?
FDY volatility
FDY Average Weekly Movement	6.6%
Metals and Mining Industry Average Movement	10.0%
Market Average Movement	8.0%
10% most volatile stocks in CA Market	16.7%
10% least volatile stocks in CA Market	3.2%

Stable Share Price: FDY has not had significant price volatility in the past 3 months.

Volatility Over Time: FDY's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2014	14	Paul Harbidge	www.faradaycopper.com

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 consisting of 73 square kilometers private land, patented and un-patented mining claims, and state prospecting permits located in Pinal County, Arizona. It also holds 100% interest in the Contact copper project comprising 155 patented claims covering an area of approximately 2,650 acres, and 219 unpatented claims that covers an area of approximately 3,285 acres situated in Elko County, Nevada.

Faraday Copper Corp. Fundamentals Summary

How do Faraday Copper's earnings and revenue compare to its market cap?
FDY fundamental statistics
Market cap	CA$160.16m
Earnings (TTM)	-CA$18.76m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-8.5x

P/E Ratio

Is FDY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FDY income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$18.76m
Earnings	-CA$18.76m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.091
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did FDY perform over the long term?

See historical performance and comparison

FDY Stock Overview

Rewards

Risk Analysis

Faraday Copper Corp. Competitors

TSXV:ALDE

CA$159.7m

TSX:ASCU

CA$191.6m

TSX:III

CA$335.1m

TSX:MARI

CA$367.6m

Price History & Performance

Recent News & Updates

Faraday Copper Corp. Announces the Results of an Additional Four Drill Holes from its Ongoing Phase III Drill Program at the Copper Creek Project, Located in Arizona, U.S

Faraday Copper Corp. Announce the Results of Nine Drill Holes from Its Ongoing Phase III Drill Program at the Copper Creek Project, Located in Arizona, U.S

Price target decreased by 13% to CA$1.29

Independent Chairman of the Board recently bought CA$100k worth of stock

Faraday Copper Corp. has completed a Follow-on Equity Offering in the amount of CAD 20 million.

New minor risk - Shareholder dilution

Recent updates

Faraday Copper Corp. Announces the Results of an Additional Four Drill Holes from its Ongoing Phase III Drill Program at the Copper Creek Project, Located in Arizona, U.S

Faraday Copper Corp. Announce the Results of Nine Drill Holes from Its Ongoing Phase III Drill Program at the Copper Creek Project, Located in Arizona, U.S

Price target decreased by 13% to CA$1.29

Independent Chairman of the Board recently bought CA$100k worth of stock

Faraday Copper Corp. has completed a Follow-on Equity Offering in the amount of CAD 20 million.

New minor risk - Shareholder dilution

New major risk - Financial position

Faraday Copper Corp. has filed a Follow-on Equity Offering in the amount of CAD 20 million.

Faraday Copper Corp. Announces the Results of Five Drill Holes from Its Phase III Program At the Copper Creek Project, Located in Arizona, U.S

Faraday Copper Corp. Reports New Gold Assay Results from the Keel Zone Including 0.28 G/T Gold and Confirming 1.34% Copper over 103.64 Metres At the Copper Creek Project

Faraday Copper Receives Approval from the Bureau of Land Management for its Notice of Intent to Conduct Drilling at its Copper Creek Project in Arizona

Faraday Copper Corp., Annual General Meeting, Jun 13, 2024

Price target decreased by 8.5% to CA$1.35

Faraday Copper Corp. Announces Results of Four Drill Holes from its Phase III Program at the Copper Creek Project, Located in Arizona, U.S

Faraday Copper Corp. Announces the Results of an Additional Four Drill Holes from Its Phase III Program At the Copper Creek Project

Here's Why Faraday Copper (TSE:FDY) Must Use Its Cash Wisely

Faraday Copper Corp. Discovers New Mineralized Breccia 800 Meters Southeast of the Existing Mineral Resource

New major risk - Financial position

Faraday Copper Corp. Initiates Phase III Drill Program At the Copper Creek Project in Arizona, USA

Faraday Copper Corp. Reports Gold Assay Results from the Childs Aldwinkle Breccia at the Copper Creek Project in Arizona

Here's Why Faraday Copper (TSE:FDY) Must Use Its Cash Wisely

Price target decreased by 7.1% to CA$1.63

New minor risk - Market cap size

Faraday Copper Corp. Announces the Results from Six Drill Holes At Its Copper Creek Project, Located in Arizona, U.S

New minor risk - Market cap size

Faraday Copper Corp. Announces the Results from Five Drill Holes At Its Copper Creek Project, Located in Arizona, U.S

Here's Why We're A Bit Worried About Faraday Copper's (TSE:FDY) Cash Burn Situation

Price target increased by 16% to CA$1.75

Faraday Copper Corp. Announces the Results from A Preliminary Economic Assessment and an Updated Mineral Resource Estimate for its Copper Creek Project, Located in Arizona, U.S

Faraday Copper Corp. announced that it has received CAD 39.99976 million in funding

Faraday Copper Corp. announced that it expects to receive CAD 30 million in funding from Canaccord Genuity Group Inc.

Faraday Copper Reports 33.77 Metres At 3.43% Copper Within 65.20 Meters At 1.88% Copper At Copper Creek in Arizona

Faraday Copper Corp. Reports 15 Metres At 10.83% Copper, 1.65 G/T Gold and 55.62 G/T Silver At Copper Creek in Arizona

Faraday Copper Corp. Provides an Exploration Update at its Copper Creek Project in Arizona, USA

Faraday Copper Corp. Intersects Massive Copper Sulphide and Provides Exploration Update At the Copper Creek Project in Arizona

Faraday Copper Corp. Provides Update on Preliminary Economic Assessment and Mineral Resource Estimate for the Copper Creek Project in Arizona

Is Faraday Copper (TSE:FDY) In A Good Position To Deliver On Growth Plans?

High number of new and inexperienced directors

Faraday Copper Corp. Appoints Arndt Brettschneider to the Board

Faraday Copper Initiates 10,000-metre Drill Program at Copper Creek in Arizona

Faraday Copper Corp. Announces Results from an Additional Three Drill Holes At Its Copper Creek Project, Located in Arizona, U.S

Faraday Copper Corp. Announces Results from Five Drill Holes of Its Nine-Drill-Hole Phase I Diamond Drill Program At the Copper Creek Project, Located in Arizona

Is Faraday Copper (CSE:FDY) In A Good Position To Invest In Growth?

Faraday Copper Corp. Announces Updated Mineral Resource Estimate for the Copper Creek Project in Arizona

High number of new and inexperienced directors

Faraday Copper Corp. Delivers Geological Model and Exploration Plan for Copper Creek Project

Faraday Copper Corp. announced that it has received CAD 20 million in funding

High number of new and inexperienced directors

Copperbank Resources Corp. Approves New Board Members

Copperbank Resources Corp. Confirms Historic, High-Grade Copper Intercepts and Identifies Mineralized Zones in Previously Unsampled Core At Copper Creek Project in Arizona

High number of new and inexperienced directors

Copperbank Resources Corp., Annual General Meeting, Apr 19, 2022

Copperbank Resources Corp. Commences Drilling At its Copper Creek Project in Arizona

Director recently bought CA$56k worth of stock

Less than half of directors are independent

Independent Director Gavin Dirom has left the company

CEO & Director exercised options to buy CA$103k worth of stock.

CopperBank Identifies Additional Exploration Targets At Copper Creek

CopperBank Resources Corp. Advances Copper Creek Data Review and Identifies Exploration Targets