Faraday Copper (OTCMKTS:CPPKF) Shares Down 2.5% – Here’s What Happened

Shares of Faraday Copper Corp. (OTCMKTS:CPPKF) dropped 2.5% during mid-day trading on Friday . The stock traded as low as $0.48 and last traded at $0.48. Approximately 16,791 shares changed hands during trading, an increase of 32% from the average daily volume of 12,722 shares. The stock had previously closed at $0.49.

Faraday Copper Price Performance

The stock’s 50-day simple moving average is $0.52 and its 200 day simple moving average is $0.58.

Faraday Copper Company Profile

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.