06:41 AM EDT, 03/13/2026 (MT Newswires) -- Faraday Copper ( CPPKF ) late on Thursday reported that it widened its net loss in the fourth quarter of 2025.
Net loss was C$9.2 million, or $0.04 per share, widening from a loss of $7.3 million, or $0.04 per share.
Faraday Copper ( CPPKF ), a resource exploration-stage company, does not generate any revenue and has been mainly relying on equity-based financing to fund its operations.
As at Dec. 31, 2025, the company had cash and cash equivalents of $37.9 million, up from $17.0 million a year ago.
While the company has sufficient capital resources to fund its operations for the next 12 months, it is an exploration-stage company and does not anticipate achieving positive cash flow from operations for the foreseeable future.