The Globe and Mail reports in its Wednesday, April 30, edition that TD Cowen analyst Derick Ma began coverage on Faraday Copper with a "buy" recommendation. The Globe's David Leeder writes that Mr. Ma set a share target of $1.25. Analysts on average target the shares at $1.45. Mr. Ma says in a note: "Faraday benefits from having solid shareholder support (Lundin Family, among others, a strong management team, and large property with exploration potential. The potential addition of incremental open-pit material in the upcoming H2/25 PEA study [for its Copper Creek resource] could significantly improve near-term project economics. There is also exploration optionality, which could enhance the future scale and scope of the project." The Globe reported on June 18 that BMO Capital analyst Rene Cartier, calling Faraday Copper "a U.S. copper growth opportunity," started coverage on Faraday Copper with an "outperform" ranking and $1 share target. The shares could then be had for 80 cents.